You can’t accuse CNBC anchor David Faber of ignoring his parent company’s fast-sliding debut on Wall Street. Faber on Wednesday reported on Versant’s IPO, which has been a dud so far after shares of ...
Versant, Comcast's spinoff of the majority of its NBCUniversal cable network portfolio, is gearing up to go public. Versant's revenue has been on the decline in recent years. The new entity will trade ...
While Versant CEO Mark Lazarus referred to NBCUniversal as “cousins” and “old friends,” he and CFO Anand Kini downplayed the notion that they will scoop up more linear TV assets after spinning off ...
Versant on Thursday made the case to investors that it was more than a Comcast cast-off as it looks to best position its declining, but still profitable, cable networks for growth. Upon its separation ...
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.
Comcast has officially spun off its cable channels, including CNBC and MS NOW, into a separate company, Versant Media Group. The transaction was completed late Friday. On Monday, Versant took a major ...
On Tuesday, Golf Channel and its new parent company, Versant, announced it had signed the first rights deal in the nascent cable behemoth’s history, a 6-year agreement with the USGA to keep each of ...
You can’t accuse CNBC anchor David Faber of ignoring his parent company’s Hindenburg-esque debut on Wall Street. Faber on Wednesday admitted Versant’s IPO has been a dud so far after shares of the ...