Versant Media Group, Inc. Class A Common Stock When-Issued

Versant Media Group, Inc. Class A Common Stock When-Issued

VSNTV
Versant Media Group, Inc. Class A Common Stock When-IssuedUS flagNASDAQ Global Market
46.65
USD
+1.65
- -
6.72BMarket Cap
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Revenue per Share
- -
- -
- -
Basic EPS, GAAP
- -
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
Dividend per Share
- -
- -
- -
Book Value per Share
- -
- -
- -
Tangible Book Value per Share
- -
- -
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Basic Weighted Avg Shares
145
145
145
Sales/Revenue/Turnover
7,834
7,444
7,062
Operating Margin (%)
- -
- -
- -
Depreciation Expense
992
991
989
Net Income, GAAP
1,764
1,539
1,087
Effective Tax Rate (%)
- -
- -
- -
Profit Margin (%)
- -
- -
- -
Working Capital
- -
- -
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LT Debt
- -
- -
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Total Equity
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11,677
10,915
Return on Invested Capital (%)
- -
- -
- -
Return on Capital (%)
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Working Capital

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
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-6.53%
Free Cash Flow
- -
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- -
Net Income, GAAP
- -
- -
-29.37%
Sales/Revenue/Turnover
- -
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-5.13%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
No data availableFinancial data will appear here once available

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
No data availableFinancial data will appear here once available

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
No data availableFinancial data will appear here once available

Company Description

APIChat
CEO
Mark H. Lazarus
Sector
Communication Services
Industry
Entertainment
Address
904 Sylvan Avenue Englewood Cliffs NJ United States of America 07632
IPO Date
Dec 15, 2025
Business
Versant Media Group, Inc. is a global mass media company formed in 2026 as a spin-off from Comcast, headquartered at 229 West 43rd Street, New York, NY, with CNBC-based production and master control operations located at CNBC’s world headquarters in Englewood Cliffs, New Jersey. The company owns and operates a diversified portfolio of networks and digital platforms, including USA Network, CNBC, MS NOW, Oxygen, E!, Syfy, Golf Channel, and digital properties such as Fandango, Rotten Tomatoes, GolfNow, and SportsEngine, and leverages a range of distribution channels across traditional and digital platforms. Versant’s business model integrates content creation, distribution, and monetization through advertising, subscription, and transactional revenue streams across multi-platform ecosystems; its activities span television networks, streaming, online services, and live events. Founders’ legacy roots stem from Comcast, with corporate strategy focused on expanding audience reach through direct-to-consumer products, AI-driven tools, digital video, newsletters, podcasts, and other monetizable channels, while maintaining core broadcast and digital brands. Core products and services include network carriage and programming across entertainment, news, sports, and lifestyle genres; direct-to-consumer services and branded digital platforms; online ticketing and entertainment services; golf-related transactional and technology-enabled offerings; consumer-facing online reviews and discovery platforms; and event programming and live experiences. Versant pursues geographic expansion and international growth in select verticals, while maintaining operations across North America and key global markets. The company emphasizes continued development of its four verticals—business news, political/news content, golf, and entertainment/sports—and seeks to expand monetization through software, subscriptions, advertising, and data-enabled solutions across its brands. Major recent developments include completion of the Comcast separation in 2026, the rollout of enhanced direct-to-consumer products for CNBC, expansion of the MS NOW digital ecosystem via video, newsletters and podcasts, and ongoing international growth in the golf vertical, along with continued monetization expansion for GolfNow, Fandango, and related properties through software and service offerings. Versant maintains relationships with a range of brands and affiliates and operates under a parent-adjacent corporate structure with shared resources and governance aligned to its standalone entity status. The company’s market positioning centers on a diversified media and technology platform combining traditional broadcast assets with digital experiences, enabling cross-platform advertising, subscription, and commerce-driven revenue generation across its global footprint. The latest corporate changes and strategic shifts emphasize increased digital monetization, enhanced direct-to-consumer propositions, and organizational separation from Comcast to support independent growth trajectories across core verticals.

Company News

APIChat
  • CNBC's stock is in turmoil: Versant shares pummeled for the third day in a row after spinoff

  • Comcast co-CEO Michael Cavanagh on Versant spinoff, business growth strategy

  • Paramount Skydance sees flop debut of Versant stock as argument its bid for Warner Bros. Discovery beats Netflix

  • Versant Media debuts on Nasdaq

  • Versant Shares Dip On Day One As Comcast Spinoff Settles Into NYC Headquarters, Looks To Future

  • Versant stock price sinks on Nasdaq trading debut as Comcast spinoff tests investor appetite for legacy cable TV

  • Comcast spinoff Versant — home to rebranded MSNBC— plummets in market debut: ‘Tough to get investors excited'

  • Versant is off to a rocky start on first day of trading after spinoff from Comcast

  • VERSANT Begins Trading on Nasdaq Today as Independent Company Following Completion of Comcast Spin-Off

  • Comcast completes spinoff of Versant Media Group

  • Comcast Announces Completion of Separation of Versant Media Group, Inc.

  • Wall Street Breakfast Podcast: BP Cashes In On Castrol