Comcast said on Monday it has completed the spinoff of Versant Media Group, offloading its NBCUniversal cable channels such ...

Comcast has officially spun off its cable channels, including CNBC and MS NOW, into a separate company, Versant Media Group.

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

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

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

As a standalone company, we enter the market with the scale, strategy and leadership to grow and evolve our business model,” ...

Comcast (CMCSA) looks undervalued: margin expansion, Versant spinoff, and theme park/EBITDA growth plus a 4.42% dividend.

Paramount Global and Comcast Corp. renewed their distribution agreement, allowing television channels like MTV, CBS and Nickelodeon to continue airing on Comcast’s Xfinity cable service. As part of ...

Comcast announced a plan Wednesday to spin off most of its cable television networks into a separate publicly traded company. The new company will include the USA Network, CNBC, MSNBC, Oxygen, E!, ...

Comcast is exploring a separation of its cable networks business, President Mike Cavanagh said Thursday. During the company's third-quarter earnings call with investors, Cavanagh said the company is ...

Cable companies are increasingly calling on mobile for their next big opportunity. The cable industry's foray into wireless has long been considered a retention tool for the behemoth broadband ...