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 ...

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 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.

Versant profits slid 32% to $930 million and revenue fell 5.3% to $6.7 billion in 2025 as the company’s results were weighed down by declines in its linear distribution, advertising and content ...

Versant Media Group (VSNT) will start trading on January 5 after the newly formed, independent media company is separated from Comcast (CMCSA) through a tax-free pro rata spinoff. The media company ...

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 ...