Shares of Versant Media Group, home to channels such as USA Network and CNBC, slumped 13% in its market debut after its spinoff from Comcast, underscoring investor skepticism around traditional TV ...
Mark Lazarus, as CEO, and his team will set an independent strategy for the new cable networks company that could become a potential partner and acquirer of complementary media businesses.
Versant Media Group Inc., the parent of CNBC, USA and other cable-TV networks, fell 13% in its first official day of trading after being spun off from Comcast Corp.
The split took effect on January 2 and Versant shares began trading on Nasdaq under the ticker symbol VSNT on Monday morning. The post Versant Has Officially Split From Comcast and NBC – Here’s What ...
Key Takeaways 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 ...
Tribune News Service on MSN
Television Q&A: What's the news with NBC and MS Now after spinoff?
You have questions. I have some answers. Q: When Comcast spun off MSNBC into its own operation separate from NBC, I thought that personalities who appeared on both platforms would end up on one or the ...
Comcast Corporation (NASDAQ:CMCSA) is included among the 15 Best High Yield Stocks to Buy. On January 16, Bernstein lowered ...
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 ...
The Desk on MSN
Comcast completes spin-out of cable networks into Versant
Comcast completed the spin-off of its cable networks into Versant Media Group, which began trading publicly under the ticker VSNT.
Versant, Comcast's spinoff of the majority of NBCUniversal's cable TV networks like MS Now and CNBC, started trading Monday.
Results that may be inaccessible to you are currently showing.
Hide inaccessible results