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

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

(RTTNews) - Comcast Corporation (CMCSA) has approved the spin-off of Versant Media Group, Inc., an independent, publicly traded company comprising Comcast's portfolio of cable networks and digital ...

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 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 ...

Warner Bros. Discovery stock gained 126% year-to-date. Warner Bros. Discovery gained after the board launched a strategic review to boost shareholder value, as The Wall Street Journal reported ...

Comcast will pay a $1.5 million fine to settle a Federal Communications Commission investigation into a February 2024 vendor data breach that exposed the personal information of nearly 275,000 ...

The people at Comcast are saying “We got this in the bag.” Most of Wall Street isn’t so sure. The word coming from the cable giant is that it has the money that Warner Bros. Discovery CEO David Zaslav ...

Forbes contributors publish independent expert analyses and insights. Building a platform to do the job of 1 million analysts NEW YORK, NY - MAY 8: People visit the Top of the Rock observation deck ...

Comcast Technology Center in Center City, Philadelphia (Julie Zeglen/Technical.ly) As Comcast moves forward with restructuring plans in other regions, the company is doubling down on its Philly ...

Comcast said Monday it will appoint President Michael Cavanagh as co-CEO, adopting a dual chief executive model as the company prepares to spin off several NBCUniversal cable networks as part of a ...