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Versant stock price sinks on Nasdaq trading debut as Comcast spinoff tests investor appetite for legacy cable TV
Is cable television truly dead? The markets are about to test the hypothesis. Shares of Versant Media Group began trading on the Nasdaq Monday under the ticker symbol VSNT, effectively completing ...
Versant, Comcast's spinoff of the majority of its NBCUniversal cable network portfolio, is gearing up to go public. Versant's revenue has been on the decline in recent years. The new entity will trade ...
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Versant stock slides in its first day of trading. Here's what you need to know about the Comcast spin-off
Versant shares tumbled in their first day of trading on Monday. The group of cable channels and digital properties was spun off from Comcast last year, and includes CNBC, MS NOW and the USA Network.
Versant is officially out on its own after completing its planned spinoff from NBCUniversal earlier this month. The new company operates a portfolio of cable networks, including Golf Channel, USA ...
Comcast Corp. named the board members of the planned spinoff Versant Media Group Inc., moving forward on separating cable channels from its NBCUniversal business. The Philadelphia-based internet and ...
Versant on Thursday made the case to investors that it was more than a Comcast cast-off as it looks to best position its declining, but still profitable, cable networks for growth. Upon its separation ...
Comcast has officially spun off its cable channels, including CNBC and MS NOW, into a separate company, Versant Media Group. The transaction was completed late Friday. On Monday, Versant took a major ...
Versant, the owner of pay TV networks including CNBC, MS Now and the Golf Channel, will release its first earnings report as a public company on Tuesday. The company, which spun off from Comcast's ...
On Tuesday, Versant Media Group reported its first earnings as a publicly traded company. The portfolio of networks, which includes CNBC, MS NOW (formerly MSNBC), USA Network, E! and Fandango, was ...
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