Every 8-K that Versant Media Group, Inc. (VSNT) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow VSNT and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full VSNT filings page.
Versant Media Group, Inc. reported second-quarter 2026 revenue of $1,644 million, down 3.8% year over year, as linear distribution revenue declined 6.3% and advertising slipped 0.6%, while Platforms grew 0.8% (9.3% excluding SportsEngine). Net income attributable to Versant was $211 million versus $302 million a year earlier, with basic EPS of $1.50. Adjusted EBITDA was $624 million, down 8.9%, but up 3.0% versus prior-year Standalone Adjusted EBITDA of $606 million, helped by lower programming and selling, general and administrative costs.
Net cash provided by operating activities was $382 million and Free Cash Flow was $350 million in the quarter; for the first half of 2026, operating cash flow was $967 million and Free Cash Flow $908 million. At June 30, 2026, cash and cash equivalents were $1,478 million, with long-term debt of $2,841 million and a current portion of long-term debt of $113 million, and total equity of $8,224 million. The board declared a $0.375 per-share quarterly dividend, payable October 22, 2026, to shareholders of record on October 1, 2026.
Versant completed a $100 million accelerated share repurchase, buying 2,374,942 Class A shares and leaving approximately $800 million under its repurchase authorization, and expects to enter another $100 million ASR beginning August 7, 2026. The company raised its full-year 2026 outlook to Total Revenue of $6.2–$6.45 billion and Adjusted EBITDA of $1.9–$2.05 billion, while maintaining Free Cash Flow guidance of $1.0–$1.2 billion, and highlighted growth initiatives including the Full Swing acquisition, new Bundesliga rights, Fandango’s ad-supported streaming launch, and continued audience gains at CNBC and MS NOW.
Versant Media Group, Inc. is expanding its sports and golf portfolio by agreeing to acquire Full Swing, a leading sports technology company, for approximately $530 million in cash, subject to customary purchase price adjustments. Full Swing’s simulators, launch monitors and performance data tools serve consumers, pros, coaches and commercial venues across golf, baseball and other sports.
After closing, expected in the second half of 2026 subject to customary closing conditions, Full Swing will sit within Versant’s Digital Platforms and Ventures group and be anchored in Versant’s golf business alongside Golf Channel, GolfNow and GolfPass. Versant highlights the deal as a way to deepen its interactive, data‑driven sports experiences and build a broader ecosystem spanning content, training, venues and commerce.
Versant Media Group, Inc. held its 2026 annual meeting on June 25, 2026. Shareholders elected ten director nominees, each receiving over 13.6 million votes in favor, with roughly 1.36 million broker non-votes reported for each seat.
Shareholders ratified Deloitte & Touche LLP as independent auditors for the fiscal year ending December 31, 2026, with 15.53 million votes for and minimal opposition. Investors also chose a one-year frequency for future advisory votes on executive pay, and approved the Company’s Employee Stock Purchase Plan, which received about 14.0 million votes in favor.
Versant Media Group reported first quarter 2026 revenue of $1.69 billion, down 1.1% from $1.71 billion a year earlier. Linear distribution revenue fell 7.3% and advertising declined 5.2%, while Platforms revenue grew 9.5% and content licensing more than doubled, helped by a large "Keeping Up with the Kardashians" deal.
Net income attributable to Versant was $286 million, down 22.1% from $367 million, reflecting lower revenue, higher public company and interest costs after its separation from Comcast, partly offset by lower taxes. Adjusted EBITDA was $704 million, down 7.0% year over year, but up 4.8% versus prior-year Standalone Adjusted EBITDA, supported by lower programming and SG&A expenses.
Versant generated $585 million of operating cash flow and $558 million of Free Cash Flow. The company returned $100 million through repurchasing about 2.69 million Class A shares, declared quarterly dividends of $0.375 per share, and announced a planned $100 million accelerated share repurchase starting May 15, 2026. Total assets were $12.5 billion with $1.19 billion of cash and $2.95 billion of total debt as of March 31, 2026.
Versant Media Group reported full-year 2025 revenue of $6.69 billion, with net income attributable to Versant of $930 million. Adjusted EBITDA was $2.42 billion and Standalone Adjusted EBITDA was $2.18 billion, reflecting year-over-year declines as the business transitioned away from Comcast.
By segment, total revenue fell 5.3% from $7.06 billion in 2024, with lower linear distribution and advertising partly offset by modest growth in platforms revenue. Net income declined 31.8% from $1.36 billion, and Adjusted EBITDA decreased 14.5% from $2.84 billion.
The company generated $2.02 billion of cash from operating activities in 2025 and ended the year with $1.09 billion in cash, cash equivalents and restricted cash. Versant’s board declared a quarterly cash dividend of $0.375 per share and authorized a share repurchase program of up to $1 billion of Class A common stock, providing a new capital return framework as a standalone public company.
Versant Media Group, Inc. updated its bylaws to set a specific window for shareholder proposals and director nominations for the company’s 2026 annual meeting. For that meeting, shareholders may submit proposals or nominate directors for inclusion in the company’s proxy statement only during the period from January 27, 2026 through the close of business on February 17, 2026.
Any shareholder wishing to bring business under Section 2.09 of the bylaws or use proxy access under Section 3.11 must deliver written notice to the Corporate Secretary within this window and in the manner required by the bylaws. The full amended and restated bylaws are provided as Exhibit 3.1 to this report.