Comcast’s cable and media spinoff Versant announced Thursday that it acquired Free TV Networks to diversify its entertainment portfolio into digital broadcast and FAST channels. Versant also acquired ...
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 ...
Versant, Comcast’s planned spin-off of select media brands and digital businesses, has signed a definitive agreement to acquire Free TV Networks (FTN), a provider of free over-the-air digital ...
The streaming wars have a new entrant. Versant, the cable-heavy company slated to be spun off early next year from NBCUniversal, plans to introduce a new streaming outlet tied to MS NOW in the middle ...
The company is also adding movie theater operations outfit INDY Cinema Group to its portfolio. By Rick Porter Television Business Editor Versant is pushing into the free streaming market and adding an ...
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 ...
Versant has set a raft of initiatives as it’s set to separate from parent Comcast in early 2026, unveiling plans for a direct-to-consumer offering for newly renamed MS Now; a Fandango free ...
Novartis and venture capital firm Versant have set up a new biotech – Borealis Biosciences – using a similar model to their earlier alliance to create Chinook Therapeutics. Like Chinook, Borealis is ...
Comcast Corporation recently approved the separation of its legacy NBCUniversal cable television networks and related digital platforms into a new independent, publicly traded company, Versant Media ...
At an investor day for Versant (VSNT), the upcoming TV networks spin-off from Comcast (CMCSA), an executive team led by CEO Mark Lazarus detailed their expectations that the company is well-positioned ...
Versant Media CEO Mark Lazarus kicked off the company’s investor day Thursday by outlining what he called the company’s “mandate to build beyond cable.” The company, which will formally spin off from ...
Comcast will spin off Versant Media, distributing shares to shareholders, with trading expected in early January 2026. VSNT faces secular revenue decline from linear TV but boasts strong free cash ...
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