Comcast announced a plan Wednesday to spin off most of its cable television networks into a separate publicly traded company. The new company will include the USA Network, CNBC, MSNBC, Oxygen, E!, ...
Cable television has long been viewed as a stagnant business, showing little promise for growth over the years. However, Comcast believes it has found a new growth opportunity. On Wednesday, the ...
The split took effect on January 2 and Versant shares began trading on Nasdaq under the ticker symbol VSNT on Monday morning.
The newly separate company owns well-known channels like CNBC and MS NOW, but it lacks the distribution power of streaming ...
Comcast is planning to spin off most of its cable television networks, including MSNBC and CNBC, into a separate publicly traded company, according to executives with knowledge of the plan. The ...
Comcast announced its intention to spin off a number of cable channels into a new publicly traded company. The spin off is expected to be done in one year and includes channels like MSNBC, ...
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