Comcast completed the spin-off of its cable networks into Versant Media Group, which began trading publicly under the ticker VSNT.
Mark Lazarus, as CEO, and his team will set an independent strategy for the new cable networks company that could become a potential partner and acquirer of complementary media businesses.
UPDATED: Versant Media’s launch out of the Comcast/NBCUniversal nest is official — and at least initially, Wall Street is not bullish on the cable TV network-centric spin-off company. Comcast ...
WASHINGTON — Comcast will spin off many of its cable television networks that were once at the heart of the entertainment giant, with people increasingly swapping out their cable TV subscriptions for ...
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As Comcast cleaves off its declining cable networks into a separate company, Versant, the new firm’s executives — all veterans of NBCUniversal — could receive compensation packages as large as Rachle ...