Comcast Completes Versant Media Group Spin-Off

Reuters01-05
Comcast Completes Versant Media Group Spin-Off

Comcast Corporation has completed the separation of Versant Media Group, Inc. into an independent public company. As of January 2, 2026, Versant began trading on Nasdaq under the ticker symbol VSNT. Comcast shareholders received one share of Versant for every 25 shares of Comcast held as of December 16, 2025. The distribution was finalized after the close of trading on January 2. Financial advisors for the transaction included Goldman Sachs, Morgan Stanley, and PJT Partners, with Davis Polk & Wardwell LLP serving as legal counsel.

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