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

Comcast has officially completed its separation from the new Versant Media, ending Comcast’s ownership of a wealth of news and cable networks. After being confirmed by the board late last year, ...

Shares of Versant Media Group, home to channels such as USA Network and CNBC, slumped 13% in its market debut after its spinoff from Comcast, underscoring investor skepticism around traditional TV ...

The progressive cable news network announced that it will change its name to MS Now — short for My Source for News, Opinion and the World, reported The Washington Post. Mark Lazarus, head of Versant, ...

Q: When Comcast spun off MSNBC into its own operation separate from NBC, I thought that personalities who appeared on both platforms would end up on one or the other.