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 ...

This is read by an automated voice. Please report any issues or inconsistencies here. Comcast officially spun off its cable channels, including CNBC and MS NOW, creating independent Versant Media ...

Comcast bounced off at 1.0x book value and now trades at a 14% earnings yield. CMCSA's broadband and video headwinds are largely offset by growth in wireless, business customers, and theme parks.

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, ...

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 announced the completion of its previously announced separation of Versant into a separate public company, effective as of 11:59 p.m. Eastern on Friday, Jan. 2, 2026. Versant began trading ...

Versant Media Group (VSNT) swung lower on its first day of trading after the new media company was spun off from Comcast Corporation (CMCSA). The separation from its parent company for Versant (VSNT) ...

Versant is now officially a publicly traded media company after completing its long-planned spin-off from Comcast, a move that now separates a portfolio of cable and news networks from the media ...

NEW YORK--(BUSINESS WIRE)--VERSANT (Nasdaq: VSNT) today announced the completion of its spin-off from Comcast (Nasdaq: CMCSA). VERSANT will commence trading today on the Nasdaq Stock Market under the ...

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, ...

Shares of Versant fell more than 13% during its first day of “regular way” trading on Monday, closing at $40.57 apiece after opening at $45.17. Its separation from Comcast was finalized at 11:59 p.m.