Last updated: 2026-01-08 12:47:22 ET
The new corporate home for cable channels like CNBC, MS Now and USA Network has started off down over 25% following its separation from Comcast.
Some investors are beginning to worry that the same industry pressures leading to Versant’s trading woes will plague the value of the Netflix bid.
The spinoff is Comcast's response to shifting market dynamics in the media industry, as streaming pressures traditional cable TV viewership.
The early ratings for Versant are in — with shares of the new owner of cable television stalwarts like CNBC, USA Network and the recently rebranded ...
Versant, Comcast's spinoff of the majority of NBCUniversal's cable TV networks like MS Now and CNBC, started trading Monday.
