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 ...

On Jan. 5, Comcast officially announced the separation of most of its cable networks into a separate entity called Versant ...

The spinoff is Comcast’s response to shifting market dynamics in the media industry, as streaming pressures traditional cable ...

The newly separate company owns well-known channels like CNBC and MS NOW, but it lacks the distribution power of streaming ...

Paramount pointed to the poor market debut of Versant Media Group Inc, the cable networks spun out of Comcast Corp., which ...

The split took effect on January 2 and Versant shares began trading on Nasdaq under the ticker symbol VSNT on Monday morning.

Now it is official. Comcast said on Monday that the separation of most of its cable networks into a separate entity called ...

The new corporate home to the cable channels CNBC, MS Now and USA Network has started off losing 25% of its market value ...

Comcast has officially spun off its cable channels, including CNBC and MS NOW, into a separate company, Versant Media Group.

Comcast officially announced the separation of Versant Media, housing cable networks like CNBC, USA and MS NOW, as a separate, publicly traded company.

Versant shares fell after they started trading on the stock market Monday, completing the company's spin-off from former parent Comcast.

Comcast said on Monday it has completed the spinoff of Versant Media Group, offloading its NBCUniversal cable channels such as USA Network and CNBC into a separate public company, as the media giant ...