The spinoff is Comcast’s response to shifting market dynamics in the media industry, as streaming pressures traditional cable ...

On January 05, 2026, Comcast Corporation (NASDAQ: CMCSA; $28.13; Market Cap: $102.5 billion) and Versant Media Group, Inc.

Now it is official. Comcast said on Monday that the separation of most of its cable networks into a separate entity called ...

The newly separate company owns well-known channels like CNBC and MS NOW, but it lacks the distribution power of streaming ...

Shares of Versant Media Group , home to channels such as USA Network and CNBC, slumped more than 10% in its market debut ...

The early ratings for Versant are in — with shares of the new owner of cable television stalwarts like CNBC, USA Network and ...

Comcast officially announced the separation of Versant Media, housing cable networks like CNBC, USA and MS NOW, as a separate ...

The new corporate home to the cable channels CNBC, MS Now and USA Network has started off losing 25% of its market value ...

Shares of the newly public Versant Media fell on the first day of trading as a public company January 5, 2026, closing down ...

Comcast has announced the completion of its previously announced separation of Versant Media Group into a separate public ...

The split took effect on January 2 and Versant shares began trading on Nasdaq under the ticker symbol VSNT on Monday morning.

Versant shares fell after they started trading on the stock market Monday, completing the company's spin-off from former parent Comcast.