Versant Media Group, a new media company, has started trading on the Nasdaq. It was created when Comcast decided to spin off some of its TV networks and digital assets. Versant is now trading under the ticker symbol "VSNT. " The stock started at $55 per share but has since dropped to $46. 65. The c
Next year, Comcast will split NBCUniversal’s cable networks into a new company. Why the change and how will it affect NBCU’s sports coverage? Let’s look into it. After some bumps from Covid and host cities, the Olympics bounced back in Paris last year. More success is expected in the future. But so
Staff at NBC News and 30 Rock are clueless about the future of their relationship with MSNBC, following Comcast's decision to split off its cable networks. Insiders say they expect the two news teams to stop collaborating by 2025. A new company, SpinCo, will include channels like MSNBC, CNBC, and Sy
Comcast is preparing to separate its cable network channels, insiders informed CNBC on Tuesday. This move is expected to take around a year, with an official announcement potentially arriving as soon as Wednesday. Mark Lazarus, who currently heads NBCUniversal's media group, will lead this new entit
