Comcast’s broadband business continues to be under pressure due to the rise of competitors, particularly in the 5G space.
Comcast Corp. reported revenue and profit in the fourth quarter that met or surpassed Wall Street expectations, even as it continued to lose cable TV and internet customers.
NBCUniversal lost the bidding war over Warner Bros. Discovery and must build streaming service Peacock, which now has 44 ...
Comcast’s latest earnings underline how the company’s business mix is changing as pressure builds on its traditional cable operations. While the group beat expectations on earnings in the fourth ...
Comcast co-CEO Mike Cavanagh told CNBC’s “Squawk Box” on Wednesday that Versant’s stock price was “a little bit below where we thought it’d be” after first-day trading saw the price tumble by 13%, but ...
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Versant stock slides in its first day of trading. Here's what you need to know about the Comcast spin-off
Versant shares tumbled in their first day of trading on Monday. The group of cable channels and digital properties was spun off from Comcast last year, and includes CNBC, MS NOW and the USA Network.
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $29 ...
Comcast has officially spun off its cable channels, including CNBC and MS NOW, into a separate company, Versant Media Group. The transaction was completed late Friday. On Monday, Versant took a major ...
The new corporate home to the cable channels CNBC, MS Now and USA Network has started off losing 25% of its market value following separation from Comcast The way things are going for CNBC's new ...
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