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

On Jan. 5, Comcast officially announced the separation of most of its cable networks into a separate entity called Versant ...

Shares of Versant Media Group , home to channels such as USA Network and CNBC, slumped more than 10% in its market debut ...

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

The newly separate company owns well-known channels like CNBC and MS NOW, but it lacks the distribution power of streaming ...

Now it is official. Comcast said on Monday that the separation of most of its cable networks into a separate entity called ...

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.

Paramount’s offer “represents the best path forward” for Warner Bros. shareholders, Paramount said in a statement on Thursday ...

Comcast stock: cable erosion offset by broadband, studios & parks; low valuation lifts 4%+ qualified dividend. Read here for ...

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

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