Versant (VSNT)
Communication Services · Broadcast and cable television networks; digital media and entertainment platforms
Versant is a diversified media and entertainment company operating premium cable networks (CNBC, MS NOW, USA Network, E!, SYFY) and digital platforms (Fandango, GolfNow) that generate revenue through distribution, advertising, and direct-to-consumer services.
What Versant does
Versant Media Group is a media and entertainment company that produces, distributes, and monetizes content through a portfolio of television networks and digital platforms. The company operates brands spanning political news (MS NOW), business news (CNBC), sports and entertainment (USA Network, Golf Channel, E!, SYFY, Oxygen), and digital services (GolfNow, Fandango/Rotten Tomatoes, SportsEngine). Revenue is generated through network distribution, advertising sales, digital platform services, and content licensing to paying subscribers, advertisers, distributors and licensing partners.
Themes: ["Cable and broadcast television networks","Political news and opinion","Business news and financial coverage","Sports entertainment and live events","Genre entertainment and pop culture","Digital platform monetization","Movie ticketing and reviews","Golf services and content","Youth sports management","Ad-supported streaming (FAST)"]
Fundamentals
- Price$35.81 as of 2026-07-09 close
- Market cap$5.1B as of 2026-07-10
- 1-year return-20.4% as of 2026-07-09 close
- P/E6.00 as of 2026-07-10
- Net margin+12.7% as of 2026-07-10
- Gross margin+56.2% as of 2026-07-10
- ROE+8.7% as of 2026-07-10
- Debt / equity0.37 as of 2026-07-10
- Revenue growth (YoY)-6.6% as of 2026-07-10
- Revenue CAGR (3y)-5.2% SEC XBRL
- Beta0.19 as of 2026-07-10
Dividend: yield +3.7%; pays a dividend.
Key risks (from latest filing)
["Dependence on distribution agreements with MVPDs; changes to these agreements could materially reduce revenue and viewership","Advertising market cyclicality and sensitivity to weak economic conditions directly impact profitability given advertising represents a major revenue source","Separation from Comcast and transition to standalone public company operations introduces execution risk and legacy obligations that could strain financial resources"]
Competitors & peers
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.