The Desk on MSN
Comcast completes spin-out of cable networks into Versant
Comcast completed the spin-off of its cable networks into Versant Media Group, which began trading publicly under the ticker VSNT.
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 ...
The newly separate company owns well-known channels like CNBC and MS NOW, but it lacks the distribution power of streaming and cable giants. Is cable television truly dead? The markets are about to ...
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 — ...
From TODAY to Saturday Night Live, the “30 Rock” building has become a symbol of all-things NBC. Until now, that included USA Network, CNBC, MSNBC, Oxygen, E!, SYFY and Golf Channel. Come 2025, that ...
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