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 ...
Versant Media Group, Inc.’s IPO signals weak appetite for linear TV and impacts Warner Bros. Discovery, Inc.'s valuation.
The newly separate company owns well-known channels like CNBC and MS NOW, but it lacks the distribution power of streaming ...
Comcast officially announced the separation of Versant Media, housing cable networks like CNBC, USA and MS NOW, as a separate ...
Comcast has officially spun off its cable channels, including CNBC and MS NOW, into a separate company, Versant Media Group.
NBCUniversal's cable and digital networks separate into Versant Media, set to trade January 5 via tax-free Comcast spinoff.
Firethorn Productions is Versant's first-ever joint venture. By Tony Maglio Superstar golfer Rory McIlroy and NBCUniversal-cast-offs company Versant are forming a production company. Yes, together.
Comcast Corporation recently approved the separation of its legacy NBCUniversal cable television networks and related digital platforms into a new independent, publicly traded company, Versant Media ...
Versant has tapped former TelevisaUnivision and WarnerMedia executive Rob McGovern as its new senior vice president of ad sales for digital platforms and ventures, TheWrap has exclusively learned.
Versant, Comcast’s planned spin-off of select media brands and digital businesses, has signed a definitive agreement to acquire Free TV Networks (FTN), a provider of free over-the-air digital ...
PHILADELPHIA--(BUSINESS WIRE)-- Comcast Corporation (NASDAQ: CMCSA) today announced that its Board of Directors (the “Board”) has approved the previously announced separation of a strong portfolio of ...
The rebrand transforms MSNBC into MS NOW, an acronym for My Source for News, Opinion, and the World. The name change reflects the network’s shift away from NBCUniversal, which no longer wanted a rival ...