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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 ...
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Versant is about to test Wall Street’s appetite for cable TV in its first earnings report as a public company
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 ...
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 ...
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 ...
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 ...
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 ...
Much of the sports media business hinges on what happens over the next year or two with NFL rights. The league has made clear it intends to renegotiate its deals well before its contractual opt-out ...
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 ...
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