Comcast has officially spun off its cable channels, including CNBC and MS NOW, into a separate company, Versant Media Group.
Comcast, which offers cable TV, phone, and internet services under its Xfinity brand, is doubling down on luring back cable ...
Comcast officially announced the separation of Versant Media, housing cable networks like CNBC, USA and MS NOW, as a separate ...
The split took effect on January 2 and Versant shares began trading on Nasdaq under the ticker symbol VSNT on Monday morning.
Comcast completed the spin-off of its cable networks into Versant Media Group, which began trading publicly under the ticker ...
Shares of Versant Media Group , home to channels such as USA Network and CNBC, slumped more than 10% in its market debut ...
Now it is official. Comcast said on Monday that the separation of most of its cable networks into a separate entity called ...
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 — ...
Comcast stock: cable erosion offset by broadband, studios & parks; low valuation lifts 4%+ qualified dividend. Read here for ...
The newly separate company owns well-known channels like CNBC and MS NOW, but it lacks the distribution power of streaming ...