Comcast’s spinoff of its cable assets is flopping, raising questions about the overall value of streaming giant Netflix’s “winning” bid for Warner Bros. Discovery, On The Money has learned. The ...

Following the separation, Comcast (Stub) will focus on its core growth areas of broadband, wireless, business services, streaming, and theme parks. It also retained select NBCUniversal assets, ...

Shares of the new parent company of CNBC, MS NOW and USA Network falls 13% as investors moved to adjust their portfolios following the companies' split CNBC is among the cable properties that have ...

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 ...

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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 ...

Jan. 5 (UPI) --Versant Media, the independent media company spun off by Comcast, rang the Nasdaq opening bell on Friday for its introduction to the market. Versant made its debut on the Nasdaq under ...

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 ...

Shares of newly public Versant Media fell on the first day of trading as an independent public company, closing down 13% at $40.57 on Monday. Executives led by CEO Mark Lazarus were on hand at the ...

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 ...