Versant Media Group (VSNT) will start trading on January 5 after the newly formed, independent media company is separated from Comcast (CMCSA) through a tax-free pro rata spinoff. The media company ...

NBCUniversal's cable and digital networks separate into Versant Media, set to trade January 5 via tax-free Comcast spinoff.

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 — ...

Cable television has long been viewed as a stagnant business, showing little promise for growth over the years. However, Comcast believes it has found a new growth opportunity. On Wednesday, the ...

I have Comcast Digital cable and a Tivo Series 2. The only way to control the cable box they gave me (General Instrument) is to position the IR blasters over the infrared receiver on the front of the ...

Shares in Comcast, which are slightly in the red for the year to date, stayed mostly flat Wednesday but staged a late rally, climbing 1.6% to finish at $42.99. Details of the planned spin first ...

From TODAY to Saturday Night Live, the “30 Rock” building has become a symbol of all-things NBC. Until now, that included USA Network, CNBC, MSNBC, Oxygen, E!, SYFY and Golf Channel. Come 2025, that ...

Comcast's spinoff of the majority of its NBCUniversal cable network portfolio will be named Versant, the company said Tuesday, ending a monthslong process to select a new corporate moniker. The new ...

Seeing Comcast's move to spin off cable as just a name change and a sign the company wants out of cable networks is wrong. A history of smart moves by Comcast vs. bad ones favors the odds for a very ...

Comcast said on Wednesday that it plans to spin-off the bulk of its fading NBCUniversal cable TV networks, including MSNBC and CNBC, as the company said it is repositioning itself for growth in the ...

LOS ANGELES (Reuters) - Comcast Corp plans to start selling movies for download and streaming through the cable operator's set-top boxes and its Xfinity TV website, according to people with knowledge ...