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, ...

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 ...

Comcast has officially completed its separation from the new Versant Media, ending Comcast’s ownership of a wealth of news and cable networks. After being confirmed by the board late last year, ...

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 ...

Michael Cavanagh, as he’s set to assume the role of Comcast‘s co-CEO on Jan. 2, extended his employment contract with the cable and media conglomerate that runs through Jan. 1, 2029. Under the terms ...

Comcast has entered into a new employment agreement with Michael Cavanagh in connection with his upcoming appointment as co-chief executive officer alongside Brian Roberts starting January 2. The ...

Versant Media Group, the cable networks spinoff from Comcast, debuted Monday in when-issued trading at a price that values the company’s equity at about $6.5 billion. The stock was up 7.3% at $49 in ...

READING, Pa. – Reading City Council voted Monday night to adopt a resolution approving a 10-year franchise agreement with Comcast to provide cable service in the city. City Managing Director Jack ...

The early ratings for Versant are in — with shares of the new owner of cable television stalwarts like CNBC, USA Network and the recently rebranded MS NOW (formerly MSNBC) tumbling 13% on their first ...

Comcast is putting a strikingly high price tag on its entertainment ambitions, assigning an internal value of $81 billion to the NBC and Warner Bros media combination it has been pursuing. That figure ...