Shares of Versant Media Group, home to channels such as USA Network and CNBC, slumped 13% in its market debut after its spinoff from Comcast, underscoring investor skepticism around traditional TV ...
Versant, which owns cable TV networks as well as digital assets like Fandango and Rotten Tomatoes, went public Monday following its separation from Comcast. Versant trades under the symbol "VSNT." ...
The owner of MSNBC and CNBC will start trading on the Nasdaq under the ticker symbol VSNT. By Georg Szalai Global Business Editor Now it is official. Comcast said on Monday that the separation of most ...
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Comcast dangles rich new deal as fed up customers flee
Comcast is rolling out some of its richest consumer offers in years just as millions of households walk away from traditional ...
Jan 5 (Reuters) - Shares of Versant Media Group (VSNT.O), opens new tab, home to channels such as USA Network and CNBC, slumped more than 10% in its market debut after its spinoff from Comcast, ...
Comcast is rated a Buy, with shares trading at a discount despite margin expansion and growth in key segments. CMCSA's spinoff of Versant will streamline operations, enabling focused investment in ...
Versant Media Group Inc., the parent of CNBC, USA and other cable-TV networks, fell as much as 15% in its first official day of trading after being spun off from Comcast Corp. The shares, trading at ...
Comcast Corp.’s NBCUniversal has no remaining ad spots available for the upcoming Winter Olympics, signaling high demand as the company prepares for a whirlwind of sporting events next month including ...
Versant Media Group, the cable networks spinoff from Comcast, debuted Monday in when-issued trading at a price that values the company’s equity at about $6.5 billion. The stock was up 7.3% at $49 in ...
LOS ANGELES, Jan 7 (Reuters) - Paramount Skydance (PSKY.O), opens new tab gained fresh ammunition in its campaign to convince Warner Bros Discovery (WBD.O), opens new tab shareholders that its $108.4 ...
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Comcast completes separation of Versant Media
Comcast has officially completed its separation from the new Versant Media, ending Comcast’s ownership of a wealth of news and cable networks. After being confirmed by the board late last year, ...
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