NasdaqGS:CMCSATelecom
Comcast Spin Off Of Versant Media Reshapes Media Exposure And Valuation
Comcast, ticker NasdaqGS:CMCSA, has completed the spin off of Versant Media Group into an independent company.
The deal moves key media and digital brands out of Comcast’s portfolio and into Versant Media Group.
The separation affects both Comcast and Versant shareholders by reshaping ownership of these media assets.
For you as an investor, this move changes what sits inside NasdaqGS:CMCSA. Comcast now leans more on its remaining media, broadband and connectivity businesses, while Versant...