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 ...
On January 05, 2026, Comcast Corporation (NASDAQ: CMCSA; $28.13; Market Cap: $102.5 billion) and Versant Media Group, Inc.
Versant, Comcast's spinoff of the majority of NBCUniversal's cable TV networks like MS Now and CNBC, started trading Monday.
The newly separate company owns well-known channels like CNBC and MS NOW, but it lacks the distribution power of streaming ...
The spinoff is Comcast's response to shifting market dynamics in the media industry, as streaming pressures traditional cable ...
Comcast officially announced the separation of Versant Media, housing cable networks like CNBC, USA and MS NOW, as a separate ...
NBCUniversal's cable and digital networks separate into Versant Media, set to trade January 5 via tax-free Comcast spinoff.
5don MSN
Versant Shares Dip On Day One As Comcast Spinoff Settles Into NYC Headquarters, Looks To Future
Shares of the newly public Versant Media fell on the first day of trading as a public company January 5, 2026, closing down ...
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 — ...
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