Versant launches, Comcast spins off E!, CNBC and MS NOW

Comcast has officially spun off its cable channels, including CNBC and MS NOW, into a separate company, Versant Media Group.

Comcast completes cable spinoff as Versant Media set to begin trading on Nasdaq

Comcast said on Monday it has completed the spinoff of Versant Media Group, offloading its NBCUniversal cable channels such ...

Comcast's 4%+ Dividend Yield: How It Became An Income Stock

Comcast stock: cable erosion offset by broadband, studios & parks; low valuation lifts 4%+ qualified dividend. Read here for ...

Comcast makes cable TV plans more generous after customer losses

Comcast, which offers cable TV, phone, and internet services under its Xfinity brand, is doubling down on luring back cable ...
NBC New York

Comcast's cable network spinoff may be a signal to the media industry for necessary change

Comcast shares posted modest gains Wednesday after the company announced its plan to spin off all of NBCUniversal's cable networks, except Bravo, into a separate publicly traded entity. Investors' ...
AOL

Is Comcast’s Cable Spinoff a Buyer or a Seller?

Comcast is carving off most of its cable channels. Will its new spinoff be a hunter or prey? The media giant last week put an upbeat spin on its move to shed what Wall Street sees as an albatross — ...
Boston Herald

Comcast to spin off cable networks that were once the entertainment giant’s star performers

WASHINGTON (AP) — Comcast is spinning off into a new company many of the cable television networks that were once at the entertainment giant’s heart as consumers increasingly swap out their cable TV ...