- Start
- Jan 2, 202690% CONFIDENCEfrom the source
Comcast Completes the Versant Cable-Network Spin-Off
- Comcast completed the separation of its cable networks and related digital assets into Versant Media Group, which made its Wall Street debut on Monday 5 January 2026[1]
- The spin-off became effective at 11:59 p.m. ET on 2 January 2026; Comcast holders received one Versant share for every 25 Comcast shares held on the 16 December 2025 record date, and regular-way trading under VSNT began 5 January[2][3]
- Versant houses CNBC, MS NOW, USA Network, Golf Channel, E!, Syfy and Oxygen plus Fandango, Rotten Tomatoes, GolfNow and SportsEngine, while Comcast keeps NBC, Bravo, Telemundo, Universal, Peacock and Sky[1]
- CEO Mark Lazarus said news and sports are 62 percent of the portfolio; Versant had US$7.1 billion of revenue in 2024, down from US$7.4 billion in 2023[1]
- The Desk reported Versant opened its Nasdaq debut lower, reflecting caution over its exposure to linear TV revenue, while Comcast shares rose on the streamlined structure[1]
References 386% CONFIDENCEOverall confidence: 86%How well the pin's source and references back up its dates.Weighted average of how firmly 3 references, the source included, support the pin's start and end times; a reference counts half as much for every 180 days older than the newestShow all pins at 75% confidence or better
The first entry is always the pin's source. Overall confidence is a weighted average of how firmly each reference supports the start and end times used above; a reference counts half as much for every 180 days older than the newest.
- [1]90%thedesk.net/2026/01/comcast-completes-spin-out-of-cable-networks-into-versantthedesk.net· Posted Oct 4, 2026· Starts Jan 2, 2026 ✓· 42% of score
MyChesCo[3] (15 Jan 2026) says the spin-off became effective at 11:59 p.m. ET on Thursday 2 January 2026 with trading starting that Monday; Wikipedia's[2] Versant article gives the same dates (distribution complete 2 Jan, trading 5 Jan).
- [2]85%Versant - Wikipediaen.wikipedia.org· Added Oct 4, 2026· 42% of score
Opened: distribution completed 2 Jan 2026, trading from 5 Jan 2026, brands.[1]
- [3]78%Comcast Spins Off Versant, Unleashing a New Media Power on Wall Street - MyChesComychesco.com· Published Jan 15, 2026· 15% of score
Opened: effective time, ratio, record date, trading start.[1]
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