The company reported a decline in revenues and profits in 2025 owing to its exposure to the pay-TV business, but is launching with a dividend and share buyback program to entice investors.
Versant, the portfolio of pay TV networks previously owned by Comcast, will release its first earnings report since going ...
Firethorn Productions is Versant's first-ever joint venture. By Tony Maglio Superstar golfer Rory McIlroy and NBCUniversal-cast-offs company Versant are forming a production company. Yes, together.
Versant Media Group said profit and revenue fell in 2025, hurt by lower revenue across its linear distribution, advertising and content-licensing businesses.
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 USA Network.
“The cuts were driven by the fact that NBC News will no longer be providing newsgathering capabilities for CNBC and MSNBC, as well as broader concerns around the overall economic environment for the ...