Versant completes spin-off from Comcast
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Comcast has completed its separation of Versant Media, which owns CNBC, MS Now, USA Network & will trade on the NASDAQ.
Now it is official. Comcast said on Monday that the separation of most of its cable networks into a separate entity called ...
Versant’s market debut is an important moment, because it should say something about the value of WBD’s reasonably similar networks business. Netflix has said that the so-called stub is worth around ...
Versant Media, the independent media company spun off by Comcast, rang the Nasdaq opening bell on Friday for its introduction ...
The split took effect on January 2 and Versant shares began trading on Nasdaq under the ticker symbol VSNT on Monday morning.
The newly separate company owns well-known channels like CNBC and MS NOW, but it lacks the distribution power of streaming ...
Some investors are beginning to worry that the same industry pressures leading to Versant’s trading woes will plague the ...
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