Comcast is spinning off most of its NBCUniversal cable network portfolio, including USA, MSNBC and CNBC. The company chose the name Versant, not intended to be consumer-facing, to emphasize its role ...

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 — ...

Shares of Versant Media Group, home to channels such as USA Network and CNBC, slumped more than 13% in its market debut after its spinoff from Comcast, underscoring investor skepticism around ...

Nov. 20 (UPI) --Media giant Comcast officially announced on Wednesday that it is spinning off some of its most well-known cable-oriented outlets from NBCUniversal. The new company will be separated ...

The cost of Comcast cable television service in New Jersey went up 3.5 percent in the fall, adding to the rate increases that have hit consumers in their wallets. But without fanfare or a big ...

Comcast’s cable networks, which include MSNBC and CNBC, make a heckuva lot of money. It doesn’t matter. As the Wall Street Journal first reported, the communications giant confirmed yesterday it’s ...