Comcast will spin off Versant Media, distributing shares to shareholders, with trading expected in early January 2026. VSNT faces secular revenue decline from linear TV but boasts strong free cash ...
Comcast president and soon to be co-CEO Mike Cavanagh, in a post mortem of the company’s flirtation with buying Warner Bros., said its offer was “light on cash” relative to bids by rivals Netflix and ...
Comcast’s Board of Directors approved the separation of the company’s cable television networks and complementary digital platforms from its remaining businesses to create an independent, publicly ...
Comcast's board of directors approved the spinoff of most of its cable TV assets. By Caitlin Huston Business Writer Versant is set to officially be its own independently traded company following the ...
Comcast Corp. is looking to merge its NBCUniversal division with Warner Bros. Discovery Inc., according to people familiar with the company’s plans. Comcast on Monday made a renewed offer for part of ...
Comcast’s bid for Warner Bros. Discovery would look to merge the media giant’s studio and streaming business with NBCUniversal, according to Bloomberg. Under the terms of the deal, Comcast would ...
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