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

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

On January 05, 2026, Comcast Corporation (NASDAQ: CMCSA; $28.13; Market Cap: $102.5 billion) and Versant Media Group, Inc.

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

As a standalone company, we enter the market with the scale, strategy and leadership to grow and evolve our business model,” ...

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

Versant Media Group Inc., the parent of CNBC, USA and other cable-TV networks, fell as much as 15% in its first official day ...

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

Shares of the newly public Versant Media fell on the first day of trading as a public company January 5, 2026, closing down ...

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

Weigel Broadcasting Co. announced today that its MeTV Toons Network is now available in HD to Xfinity customers in the ...

Versant, Comcast's spinoff of the majority of NBCUniversal's cable TV networks like MS Now and CNBC, started trading Monday.