8legs: Comcast

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Versant outlines strategy for USA, E! and Oxygen after NBCUniversal spins them off into an independent company.
Boreland says the networks will push hour-long procedurals and live events while growing the digital and FAST/AVOD platforms.
Oxygen will continue true-crime programming, with new series like Killer Grannies and Love, Ted Bundy in development for 2026.
E! will expand live awards coverage and digital content, potentially reimagining E! News for a broader audience.
USA plans blue-sky dramas ‘Rainmaker’ and ‘Anna Pigeon’ to debut under Versant’s renewed scripted push.
Versant expects the spin-off to unlock new content deals and licensing opportunities outside Peacock.
CEO Mark Lazarus supports Versant’s focus on leveraging strong network brands rather than competing with streamers.
Versant will emphasize content strategy for its digital properties, including FAST channels and the Fandango At Home service.
Analyst David Joyce questions the rationale of the NBCU separation but expects continued investments in programming.
Versant aims to retain ownership and potentially monetize a larger library across platforms after the split.

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#2 out of 2

Comcast approves the separation of its cable networks into a new independent company, Versant Media Group, to be launched in January.
Versant will trade as an independent, publicly traded company under Nasdaq symbol VSNT, with the distribution expected early January 2026.
The spin-off will pro rata distribute all Versant shares to Comcast holders, creating a distinct market-ready entity separate from NBCU’s core assets.
The move is intended to unlock value by decoupling NBC and Telemundo from a larger cable network portfolio as streaming grows.
Bravo will remain with NBCU after the spin-off, preserving a property with strong streaming appeal.
Versant leadership will feature Mark Lazarus as CEO, with the new standalone board guiding strategic direction.
The January distribution date marks a clear milestone in Versant’s post-separation trajectory.
Versant will include NBCU-affiliated networks and digital assets, separating them from Comcast’s broader cable portfolio to unlock value.
The deal aligns with broader industry shifts as Warner Bros. Discovery also explores separating networks from studios and streaming.
The tax status of the separation is expected to be tax-free for Comcast and its shareholders, subject to advisor opinions.

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