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.
Comcast officially announced the separation of Versant Media, housing cable networks like CNBC, USA and MS NOW, as a separate ...
The split took effect on January 2 and Versant shares began trading on Nasdaq under the ticker symbol VSNT on Monday morning.
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 ...
Paramount Skydance gained fresh ammunition in its campaign to convince Warner Bros Discovery shareholders that its $108.4 ...
When Comcast swallowed NBC and Universal Studios 14 years ago, the sibling cable channels USA Network, Bravo and CNBC were considered diamonds in the rough. USA Network had gained traction with its ...
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