BUSINESSQUARTZ
Versant Media Group raised its full-year outlook as digital brands offset pay TV slide
Versant Media Group raised its full-year outlook because digital brands offset a slide in pay TV. Furthermore, the cable network spinoff from Comcast beat Wall Street estimates on earnings per share and revenue during the second quarter.
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Adjacent reporting
- Versant reports first-quarter revenue decline, with bright spots in platforms and licensing
- Comcast stock surges after it said it's spinning off its media businesses
- Comcast soars 23% after announcing it will spin off media and tech wings into separate public companies
- Comcast is spinning off NBCUniversal and Sky as its stock soars