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 10% in its market debut after its spinoff from Comcast, underscoring investor skepticism around ...
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 — ...
Shares in Comcast, which are slightly in the red for the year to date, stayed mostly flat Wednesday but staged a late rally, climbing 1.6% to finish at $42.99. Details of the planned spin first ...
The newly separate company owns well-known channels like CNBC and MS NOW, but it lacks the distribution power of streaming and cable giants.
Seeing Comcast's move to spin off cable as just a name change and a sign the company wants out of cable networks is wrong. A history of smart moves by Comcast vs. bad ones favors the odds for a very ...
Comcast’s cable networks, which include MSNBC and CNBC, make a heckuva lot of money. It doesn’t matter. As the Wall Street Journal first reported, the communications giant confirmed yesterday it’s ...
It looks like Comcast is moving forward with their plans to migrate all of their analog cable subscribers to digital cable, despite having the infrastructure to support analog for some time to come.
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 ...