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 ...
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 ...
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.
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 ...
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 ...
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 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.
Comcast Corporation (NASDAQ:CMCSA) is included among the 15 Best High Yield Stocks to Buy. On January 16, Bernstein lowered ...