On January 05, 2026, Comcast Corporation (NASDAQ: CMCSA; $28.13; Market Cap: $102.5 billion) and Versant Media Group, Inc.
Shares of Versant Media Group , home to channels such as USA Network and CNBC, slumped more than 10% in its market debut ...
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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 ...
The newly separate company owns well-known channels like CNBC and MS NOW, but it lacks the distribution power of streaming ...
NEW YORK —Comcast has completed the spin-off of various cable networks with the Jan. 5 debut of Versant as a public company ...
Comcast is carving off most of its cable channels. Will its new spinoff be a hunter or prey? The media giant last week put an upbeat spin on its move to shed what Wall Street sees as an albatross — ...
Cable television has long been viewed as a stagnant business, showing little promise for growth over the years. However, Comcast believes it has found a new growth opportunity. On Wednesday, the ...
Shares in Comcast, which are slightly in the red for the year to date, stayed mostly flat Wednesday but staged a late rally, climbing 1.6% to finish at $42.99. Details of the planned spin first ...
Seeing Comcast's move to spin off cable as just a name change and a sign the company wants out of cable networks is wrong. A history of smart moves by Comcast vs. bad ones favors the odds for a very ...
Comcast said on Wednesday that it plans to spin-off the bulk of its fading NBCUniversal cable TV networks, including MSNBC and CNBC, as the company said it is repositioning itself for growth in the ...
I have Comcast Digital cable and a Tivo Series 2. The only way to control the cable box they gave me (General Instrument) is to position the IR blasters over the infrared receiver on the front of the ...
LOS ANGELES (Reuters) - Comcast Corp plans to start selling movies for download and streaming through the cable operator's set-top boxes and its Xfinity TV website, according to people with knowledge ...
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