Even before spinning off from Comcast earlier this year, Versant Media has asserted its plan to be far more than merely a repository for former NBCUniversal cable TV networks. The company, which is ...
You can’t accuse CNBC anchor David Faber of ignoring his parent company’s fast-sliding debut on Wall Street. Faber on Wednesday reported on Versant’s IPO, which has been a dud so far after shares of ...
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Versant stock slides in its first day of trading. Here's what you need to know about the Comcast spin-off
Versant shares tumbled in their first day of trading on Monday. The group of cable channels and digital properties was spun off from Comcast last year, and includes CNBC, MS NOW and the USA Network.
Versant, Comcast's spinoff of the majority of its NBCUniversal cable network portfolio, is gearing up to go public. Versant's revenue has been on the decline in recent years. The new entity will trade ...
Versant on Thursday made the case to investors that it was more than a Comcast cast-off as it looks to best position its declining, but still profitable, cable networks for growth. Upon its separation ...
NEW YORK — Nasdaq-traded Versant, the entity spun off from NBCUniversal that includes MVPD-distributed channels such as USA Network, CNBC, MS NOW, Oxygen, E!, SYFY and Golf Channel, now officially has ...
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'It hasn't gone well': CNBC's David Faber admits parent company Versant's Wall Street debut has been a flop
You can’t accuse CNBC anchor David Faber of ignoring his parent company’s Hindenburg-esque debut on Wall Street. Faber on Wednesday admitted Versant’s IPO has been a dud so far after shares of the ...
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