On January 05, 2026, Comcast Corporation (NASDAQ: CMCSA; $28.13; Market Cap: $102.5 billion) and Versant Media Group, Inc.
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Comcast completes spin-out of cable networks into Versant
Comcast completed the spin-off of its cable networks into Versant Media Group, which began trading publicly under the ticker ...
Comcast is carving off most of its cable channels. Will its new spinoff be a hunter or prey? The media giant last week put an upbeat spin on its move to shed what Wall Street sees as an albatross — ...
The spinoff is Comcast's response to shifting market dynamics in the media industry, as streaming pressures traditional cable ...
When Comcast swallowed NBC and Universal Studios 14 years ago, the sibling cable channels USA Network, Bravo and CNBC were considered diamonds in the rough. USA Network had gained traction with its ...
Cable television has long been viewed as a stagnant business, showing little promise for growth over the years. However, Comcast believes it has found a new growth opportunity. On Wednesday, the ...
Versant Media Group (VSNT) spins off from Comcast Jan. 5—see assets, valuation, and share ratio plus what it means for CMCSA ...
Versant, Comcast's spinoff of the majority of NBCUniversal's cable TV networks like MS Now and CNBC, started trading Monday.
Shares in Comcast, which are slightly in the red for the year to date, stayed mostly flat Wednesday but staged a late rally, climbing 1.6% to finish at $42.99. Details of the planned spin first ...
Seeing Comcast's move to spin off cable as just a name change and a sign the company wants out of cable networks is wrong. A history of smart moves by Comcast vs. bad ones favors the odds for a very ...
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