Shares of Versant Media Group, home to channels such as USA Network and CNBC, slumped 13% in its market debut after its spinoff from Comcast, underscoring investor skepticism around traditional TV ...

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

Mark Lazarus, as CEO, and his team will set an independent strategy for the new cable networks company that could become a potential partner and acquirer of complementary media businesses.

Jim Cramer and his colleagues had to awkwardly navigate a discussion about the stock market as their network's parent company had a brutal start to the day. The post WATCH: Jim Cramer and Colleagues ...

Key Takeaways 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 ...

Shares of newly public Versant Media fell on the first day of trading as an independent public company, closing down 13% at $40.57. Executives led by CEO Mark Lazarus were on hand at the Nasdaq market ...

Jan 5 (Reuters) - Shares of Versant Media Group, home to channels such as USA Network and CNBC, slumped more than 10% in its market debut after its spinoff from Comcast, underscoring investor ...

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 ...

Comcast has officially completed its separation from the new Versant Media, ending Comcast’s ownership of a wealth of news and cable networks. After being confirmed by the board late last year, ...

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 ...

Comcast Corporation (NASDAQ:CMCSA) is included among the 15 Best High Yield Stocks to Buy. On January 16, Bernstein lowered its price target on Comcast Corporation (NASDAQ:CMCSA) to $32 from $34. The ...