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

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

Comcast, which offers cable TV, phone, and internet services under its Xfinity brand, is doubling down on luring back cable ...

Shares of Versant Media Group, home to channels such as USA Network and CNBC, slumped more than 13% in its market debut after its spinoff from Comcast, underscoring investor skepticism around ...

Versant Media Group Inc., the parent of CNBC, USA and other cable-TV networks, fell 13% in its first official day of trading ...

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

Comcast's spinoff of the majority of its NBCUniversal cable network portfolio will be named Versant, the company said Tuesday, ending a monthslong process to select a new corporate moniker. The new ...

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

Shares of Versant Media Group , home to channels such as USA Network and CNBC, slumped more than 10% in its market debut ...