Versant Media Group, Inc.VSNT
What Versant Media Group, Inc. does.
Versant is a media and entertainment business that operates in four core markets: political news and opinion, business news and personal finance, golf and athletics participation and sports and genre entertainment. We serve these markets primarily through a strong portfolio of brands comprised of television networks operating primarily in the United States, including MS NOW, CNBC, USA Network, Golf Channel, E!, SYFY and Oxygen, and our complementary digital platforms GolfNow, Fandango and Rotten Tomatoes.
We produce, license and acquire content that we distribute through a variety of outlets, including our networks and digital platforms, delivering value to key constituents: the viewing audience, paying subscribers, advertisers, distributors and licensing counterparties. We generate revenue primarily through distributing our networks, selling advertising across our brands, providing services through our digital platforms and content licensing. We present our operations in one reportable business segment.
Versant was incorporated in Pennsylvania on May 1, 2025. Prior to January 2, 2026, we were a wholly owned subsidiary of Comcast Corporation (“Comcast”) and operated as a part of Comcast’s Media Segment. On January 2, 2026, we separated (the “Separation”) from Comcast and became a standalone publicly traded company and on January 5, 2026, Versant’s Class A common stock began trading under the ticker symbol “VSNT” on the Nasdaq Global Select Market LLC (“Nasdaq”). In connection with the Separation, the Company entered into several agreements that govern certain aspects of the Company’s relationship with Comcast following the Separation, including a separation and distribution agreement, a tax matters agreement, a transition services agreement, and an employee matters agreement, as well as agreements relating to intellectual property licenses and commercial arrangements.
Revenue and profit, by fiscal year.
| Fiscal year | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue | — | $7.4B | $7.1B | $6.7B |
| Net income | — | $1.5B | $1.4B | $930.0M |
| Free cash flow | — | $2.4B | $2.2B | $1.9B |
More on VSNT.
- Versant Media Group, Inc. summary
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- Versant Media Group, Inc. health scores and style box
- Versant Media Group, Inc. earnings
- Versant Media Group, Inc. dividends
- Versant Media Group, Inc. valuation
- Versant Media Group, Inc. ownership and insiders
- Versant Media Group, Inc. peers
Figures from Versant Media Group, Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.