Versant’s market debut is an important moment, because it should say something about the value of WBD’s reasonably similar networks business. Netflix has said that the so-called stub is worth around $3 to $4 a share. But rival WBD bidder Paramount thinks it’s worth just $1. If it’s the latter, Paramount’s $30-per-share all-cash offer looks better.

Comcast, Netflix, and Paramount are all still in pursuit of the company, and the bidding process could be drawing to a close. Warner Bros. Discovery has already received one official round of bids for its assets, and by all reports, round two of the ...

The final separation of Comcast and Versant took place after Friday’s close, completing a carve out first announced in November 2024.

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

If you tried to watch a movie or a TV series recently on Netflix, particularly if you happen to have Comcast as your Internet provider, you might have had a few issues. Sure, they may have the entire final season of Breaking Bad, but it won’t do you much ...

If you own the highway as well as several of the vehicles that use it, is it fair to tax everyone except your drivers? That’s essentially what Comcast did when it decided to exempt its TV-based Xfinity “On Demand” service for the Xbox 360 from ...

No matter how you measure it, Netflix is gaining on Comcast. Has it surpassed the U.S. cable giant in subscribers? It depends on who you read. In the first quarter, the movie-by-mail juggernaut doubled its growth from a year ago, adding 3.6 million ...