{"id":923481,"date":"2026-01-05T08:03:21","date_gmt":"2026-01-05T13:03:21","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/comcast-announces-completion-of-separation-of-versant-media-group-inc\/"},"modified":"2026-01-05T08:03:21","modified_gmt":"2026-01-05T13:03:21","slug":"comcast-announces-completion-of-separation-of-versant-media-group-inc","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/comcast-announces-completion-of-separation-of-versant-media-group-inc\/","title":{"rendered":"Comcast Announces Completion of Separation of Versant Media Group, Inc."},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwuline { text-decoration: underline }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Comcast Announces Completion of Separation of Versant Media Group, Inc.<\/b><\/p>\n<p>PHILADELPHIA&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nComcast Corporation today announced the completion of its previously announced separation of Versant Media Group, Inc. into a separate public company, effective as of 11:59 p.m. Eastern Time on January 2, 2026.<b \/>Versant will commence regular-way trading today on Nasdaq under the ticker symbol VSNT.<\/p>\n<p>\nComcast shareholders received one share of Versant Class A common stock or Versant Class B common stock for every 25 shares of Comcast Class A common stock or Comcast Class B common stock, respectively, held at the close of business on the record date of December 16, 2025. The distribution of Versant shares occurred after the close of trading on Nasdaq on January 2, 2026.<\/p>\n<p>\nGoldman Sachs &amp; Co. LLC, Morgan Stanley &amp; Co. LLC, and PJT Partners LP served as financial advisors to Comcast, and Davis Polk &amp; Wardwell LLP served as legal counsel.<\/p>\n<p><b><span class=\"bwuline\">About Comcast Corporation<\/span><\/b><\/p>\n<p>\nComcast Corporation (NASDAQ: CMCSA) is a global media and technology company. From the connectivity and platforms we provide, to the content and experiences we create, our businesses reach hundreds of millions of customers, viewers, and guests worldwide. We deliver world-class broadband, wireless, and video through Xfinity, Comcast Business, and Sky; produce, distribute, and stream leading entertainment, sports, and news through brands including NBC, Telemundo, Universal, Peacock, and Sky; and bring incredible theme parks and attractions to life through Universal Destinations &amp; Experiences. Visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.comcastcorporation.com&amp;esheet=54387931&amp;newsitemid=20260105568148&amp;lan=en-US&amp;anchor=www.comcastcorporation.com&amp;index=1&amp;md5=196fb04f511ce455a46e5f5f37b523cd\">www.comcastcorporation.com<\/a> for more information.<\/p>\n<p><b><span class=\"bwuline\">About VERSANT<\/span><\/b><\/p>\n<p>\nVERSANT (NASDAQ: VSNT) is an industry-changing media and entertainment business and home to trusted brands that shape culture, inform audiences, and build lasting connections. It operates across four core markets: political news and opinion, business news and personal finance, golf and athletics participation and sports and genre entertainment. These markets are served through a powerful portfolio of iconic and innovative brands, including CNBC, MS NOW, USA Network, Golf Channel, Oxygen, E!, SYFY, along with complementary digital assets including Fandango, Rotten Tomatoes, GolfNow and GolfPass. Visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.VersantMedia.com&amp;esheet=54387931&amp;newsitemid=20260105568148&amp;lan=en-US&amp;anchor=www.VersantMedia.com&amp;index=2&amp;md5=a250f7a0b4a6b5f4f3e8c328fb8df023\">www.VersantMedia.com<\/a> for more information.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260105568148r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20260105568148\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20260105568148\/en\/<\/a><\/span><\/p>\n<p><b><span class=\"bwuline\">Investor Contacts<\/span><\/b><\/p>\n<p>\nMarci Ryvicker (215) 286-4781<br \/>\n<br \/>Jane Kearns (215) 286-4794<\/p>\n<p><b><span class=\"bwuline\">Press Contacts<\/span><\/b><\/p>\n<p>\nJennifer Khoury (215) 531-3296<br \/>\n<br \/>John Demming (215) 429-4744<\/p>\n<p><b>KEYWORDS:<\/b> Pennsylvania United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Mobile\/Wireless Technology Entertainment Carriers and Services Communications Telecommunications Media Networks TV and Radio Internet<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20260105568148\/en\/351493\/3\/ComcastLogo.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Comcast Announces Completion of Separation of Versant Media Group, Inc. PHILADELPHIA&#8211;(BUSINESS WIRE)&#8211; Comcast Corporation today announced the completion of its previously announced separation of Versant Media Group, Inc. into a separate public company, effective as of 11:59 p.m. Eastern Time on January 2, 2026.Versant will commence regular-way trading today on Nasdaq under the ticker symbol VSNT. Comcast shareholders received one share of Versant Class A common stock or Versant Class B common stock for every 25 shares of Comcast Class A common stock or Comcast Class B common stock, respectively, held at the close of business on the record date of December 16, 2025. The distribution of Versant shares occurred after the close of trading on Nasdaq on January 2, &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/comcast-announces-completion-of-separation-of-versant-media-group-inc\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Comcast Announces Completion of Separation of Versant Media Group, Inc.&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-923481","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Comcast Announces Completion of Separation of Versant Media Group, Inc. - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/comcast-announces-completion-of-separation-of-versant-media-group-inc\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Comcast Announces Completion of Separation of Versant Media Group, Inc. - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Comcast Announces Completion of Separation of Versant Media Group, Inc. PHILADELPHIA&#8211;(BUSINESS WIRE)&#8211; Comcast Corporation today announced the completion of its previously announced separation of Versant Media Group, Inc. into a separate public company, effective as of 11:59 p.m. Eastern Time on January 2, 2026.Versant will commence regular-way trading today on Nasdaq under the ticker symbol VSNT. Comcast shareholders received one share of Versant Class A common stock or Versant Class B common stock for every 25 shares of Comcast Class A common stock or Comcast Class B common stock, respectively, held at the close of business on the record date of December 16, 2025. 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