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Media Spin Off

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business5 months ago

Comcast's Versant Spinoff Announces New Board of Directors

Comcast announced the formation of a new independent media company, Versant Media Group, which will include NBCUniversal's cable networks and digital assets, with a planned spin-off by the end of 2025. The company will have a new board of directors featuring notable executives and industry leaders, and Comcast's CEO Brian Roberts will retain a significant voting interest but will not serve on the board.