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Versant Media Group (VSNT) Stock News

VSNT NASDAQ

Versant Media Group, Inc. (VERSANT) (Nasdaq: VSNT) generates news as an independent media and entertainment business built around a portfolio of television networks and digital platforms. Company announcements emphasize its focus on four core markets: political news and opinion, business news and personal finance, golf and athletics participation, and sports and genre entertainment. News about VERSANT often highlights how its brands, such as CNBC, MS NOW, USA Network, Golf Channel, Oxygen, E! and SYFY, operate within these markets alongside digital assets including Fandango, Rotten Tomatoes, GolfNow, GolfPass, and SportsEngine.

Investors and observers following VSNT news can expect coverage of corporate milestones related to its separation from Comcast, its activities as a standalone public company, and developments across its portfolio. Notable news items include the completion of the spin-off from Comcast, the start of regular-way trading on Nasdaq under the VSNT ticker, and the company’s inaugural investor-focused events outlining its vision, strategy, business model, and financial priorities.

VERSANT’s news flow also includes updates on acquisitions and expansion initiatives. For example, the company announced the completion of its acquisition of Free TV Networks (FTN), a provider of national premium free over-the-air digital broadcast networks and free ad-supported streaming TV (FAST) channels. News related to FTN covers its portfolio of digital broadcast networks and FAST channels, and how this business operates within VERSANT to expand over-the-air and FAST distribution.

By monitoring VSNT news, readers can track announcements about its cable networks, digital platforms, acquisitions such as FTN and INDY Cinema Group, and strategic commentary on how VERSANT seeks to extend distribution and deepen audience engagement across its four core markets.

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Versant (VSNT) launched four free, ad-supported streaming TV channels, expanding its portfolio to 13 channels with programming from CNBC, Oxygen and E!.

The additions are CNBC Ambition, Oxygen Murders of America, Snapped | Oxygen True Crime and Botched | E!. All four are available on Prime Video in the U.S. beginning October 27. Their Roku Channel launches are scheduled for November 3, November 10 and November 17, respectively, with Snapped and Botched sharing the final date. Existing Free TV Networks channels Outlaw and 365BLK will join The Roku Channel on November 10 and November 17, respectively.

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Versant (VSNT) announced a licensing agreement to bring season one of E!’s The Golden Life to Hulu beginning November 3.

The first two episodes will be available on Hulu and Hulu on Disney+ for bundle subscribers in the U.S. Remaining episodes will become available seven days after their E! premieres. The series debuted on E! on October 20, with new episodes airing Tuesdays at 10 p.m. ET/PT. Season one will continue in the new year with additional episodes featuring the cast in the Hamptons.

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Versant Media Group (VSNT) will report third-quarter 2026 operating and financial results on November 3, 2026, and host a conference call. The call begins at 8:00 a.m. ET and will be hosted by CEO Mark Lazarus and CFO and COO Anand Kini. A live audio webcast and subsequent replay will be available on the company’s Investor Relations website.

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Versant (VSNT) has reached a multi-year distribution renewal agreement with Verizon to keep its programming available to Verizon customers. The portfolio includes USA Network, MS NOW, CNBC, Oxygen True Crime, Golf Channel, E! and SYFY.

The completed agreement means Versant has renewed all distribution partnerships expiring in 2026. Terms of the Verizon agreement were not disclosed.

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Versant (VSNT), through its USA Sports division, entered a new broadcast partnership with World Team Tennis for the league’s December 2026 season. USA Sports will exclusively air all six live WTT matches in primetime on CNBC, while Fandango will offer free live streaming coverage.

The deal adds WTT to USA Sports’ portfolio alongside properties such as the WNBA, Premier League and PGA Tour. The 47th WTT season will feature new clubs hosting matches in December: New York Empire Racquet Club at Barclays Center, Toronto North Racquet Club at Coca-Cola Coliseum, and Florida Flamingos Racquet Club at Amerant Bank Arena.

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Versant (Nasdaq: VSNT) announced that Chief Financial Officer and Chief Operating Officer Anand Kini is scheduled to present at the BofA 2026 Media, Communications and Entertainment Conference in New York, NY. The presentation is set for September 10, 2026 at 9:40 a.m. ET, with a live webcast and limited-time replay available via Versant's Investor Relations website.

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Versant Media Group (Nasdaq: VSNT) announced that Chief Financial Officer and Chief Operating Officer Anand Kini is scheduled to present at the 2026 Goldman Sachs Communacopia + Technology Conference in San Francisco on September 8, 2026, at 3:45 p.m. PT. A live webcast and a limited-time replay will be available on the Versant Media Investor Relations website, where investors can also subscribe to email alerts for financial news.

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Versant (NASDAQ: VSNT) announced that its portfolio company Full Swing has released a major software update for its golf simulators, creating a connected ecosystem between the Full Swing App and simulator experience. Logged-in players can now automatically capture, analyze, and review every practice session and round on their smartphones.

The update adds enhanced performance tracking with Driving Range analytics, automatic round tracking via an Activity Feed, digital golf bags, and expanded Skill Strike multiplayer. Full Swing also introduced the acclaimed Victory Ranch Golf Club course and various usability enhancements, with the update available immediately for compatible simulators.

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Versant Media (Nasdaq: VSNT) reported second quarter 2026 revenue of $1.64 billion, down 3.8% year over year, or 2.8% excluding the divested SportsEngine business. Linear distribution revenue fell 6.3% and advertising declined 0.6%, while Platforms revenue rose 0.8%, or 9.3% excluding SportsEngine, driven by Fandango and GolfNow.

Net income attributable to Versant was $211 million, down 30.1%. Adjusted EBITDA was $624 million, down 8.9% but up 3.0% versus prior-year Standalone Adjusted EBITDA. Operating cash flow reached $382 million and Free Cash Flow $350 million. The company raised 2026 guidance to $6.2–$6.45 billion in total revenue and $1.9–$2.05 billion in Adjusted EBITDA, and maintained Free Cash Flow guidance of $1.0–$1.2 billion. Versant completed a $100 million accelerated share repurchase, announced a further planned $100 million ASR for Q3 2026, and declared a third quarterly dividend of $0.375 per share.

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Versant Media Group (NASDAQ: VSNT) announced it has completed the acquisition of Full Swing, a sports technology company whose patented hardware and integrated software serve consumers, coaches, competitive athletes and commercial venues.

According to Versant, the deal extends its leadership in golf and deepens its portfolio of digital platforms. Full Swing’s immersive golf simulators, launch monitors, virtual greens and performance data tools will sit within Versant’s Digital Platforms and Ventures portfolio, anchored in its golf business and supported by Golf Channel, GolfNow and GolfPass. Versant said Full Swing also supports applications beyond golf, including baseball, where its technology is already used by college and professional teams. Full Swing CEO Ryan Dotters has joined Versant and will report to Will McIntosh, President, Digital Platforms and Ventures.

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FAQ

What is the current stock price of Versant Media Group (VSNT)?

Versant Media Group (VSNT) last closed at $31.005.

What is the market cap of Versant Media Group (VSNT)?

The market cap of Versant Media Group (VSNT) is approximately $4.3B.