Media Company (spinoff)
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Independent public company trading on Nasdaq (VSNT); market cap ~$5.9B; stock down 24% in first week; facing junk credit rating and investor skepticism about linear TV economics
The divorce is final. Comcast completed the pro rata distribution of Versant Media Group shares on January 2, 2026; on January 5, the new company began regular-way trading on Nasdaq under ticker VSNT.
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