All articles tagged with #versant
Versant Media Group, spun off from Comcast, began trading on Nasdaq under the ticker VSNT, marking its emergence as an independent media company focused on digital growth, news, and sports, despite industry challenges like declining cable TV revenues and industry disruptions.
Comcast has completed the separation of its cable networks into a new independent company called Versant Media Group, led by CEO Mark Lazarus, aiming to leverage its scale, strategy, and leadership to grow and evolve in the media industry, with Versant now trading on Nasdaq under VSNT.
MSNBC is rebranding to MS NOW as part of NBCUniversal's strategy to distinguish its spun-out cable networks, including CNBC and Golf Channel, from the parent company, with plans to complete the spinout through Versant by year's end.
Versant plans to rebrand MSNBC as My Source News Opinion World (MS Now) and remove the peacock logo as part of its separation from Comcast's NBCUniversal, with all changes to be implemented before the end of the year, alongside a new marketing campaign and logo updates for other Versant brands.
MSNBC will be renamed MS NOW following NBCUniversal's split and the creation of the new company Versant, aiming to establish a distinct and independent identity separate from NBC News and the NBC Peacock brand, with plans to enhance its digital and non-linear presence.
E! News, after 34 years on air, has been canceled by Versant as part of a restructuring effort, with the digital brand shifting focus to social media platforms; the show will end in September, but some staff may transition to other roles.
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.
Comcast announced the board of directors for its cable networks spinoff, Versant, which will become the parent company of NBCUniversal’s cable networks and digital assets, with a leadership team from diverse backgrounds in media, technology, and finance, aiming to complete the spinoff by the end of the year.
CMP and Versant officials in Maine discuss the challenges of restoring power after a severe storm. Both companies have been assessing the damage caused by fallen trees and downed branches, making restoration efforts harder. The extent of the widespread damage will determine the timeline for power restoration, with some areas expected to take longer due to inaccessibility. CMP has 400 line crews and 200 tree crews working, with additional crews on the way, while Versant has 95 line crews and 70 tree crews. The officials ask for patience and remind people to watch out for crews working.
Thousands of Mainers are currently without power as a rain and wind storm sweeps across the state, with over 9,500 Versant customers and over 204,000 CMP customers experiencing outages.