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Companies / Communication Services / Versant Media Group, Inc.
VSNT

Versant Media Group, Inc.

Communication ServicesCommunications
Ticker VSNTPHILADELPHIA, PAFiscal year ends December

Versant Media Group, Inc. (Nasdaq: VSNT) is a media and entertainment company that operates through a portfolio of television networks, digital platforms, and content licensing businesses serving four core markets: political news and opinion, business news and personal finance, golf and athletics participation, and… From the company’s description.

Fiscal year 2025 · ends 12-31
Sales & profitability
$6.69B
19.02%
$931.00M
9.04%
Cash & financing
$2.02B
$1.85B
0.10
—

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Versant Media Group, Inc. does

In the company’s own words

Versant Media Group, Inc. (Nasdaq: VSNT) is a media and entertainment company that operates through a portfolio of television networks, digital platforms, and content licensing businesses serving four core markets: political news and opinion, business news and personal finance, golf and athletics participation, and sports and genre entertainment. The company's website is www.versantmedia.com.

Versant's television network portfolio includes MS NOW, which features politics and news programming across multiple platforms; CNBC, offering business and personal finance news with real-time market coverage; USA Network, featuring sports and entertainment programming including WWE, NASCAR, Premier League soccer, and the WNBA; Golf Channel, providing live golf content and related programming; E!, a pop culture network; SYFY, focused on science fiction and fantasy content; and Oxygen True Crime, featuring true crime programming. The company also operates digital platforms including GolfNow, an online tee time marketplace serving approximately 9,000 golf courses worldwide and providing golf course management technology; Fandango, an online movie ticketing and information platform serving over 30,000 U.S. screens; Rotten Tomatoes, a movie and television review aggregator; and SportsEngine, a digital platform for youth sports league management.

The company generates revenue through multiple streams: linear distribution fees from traditional and virtual multichannel video programming distributors, advertising sales across its networks and digital platforms, transaction-based revenue from its digital platforms, and content licensing to third parties. As of December 31, 2025, Versant employed approximately 4,400 full-time and part-time employees on a full-time equivalent basis, with approximately 9.5 percent located outside the United States.

Versant was incorporated in Pennsylvania in May 2025 and separated from Comcast Corporation on January 2, 2026, becoming an independent publicly traded company. The company's Class A common stock began trading on Nasdaq on January 5, 2026. The separation included substantial indebtedness and ongoing commercial and service arrangements with Comcast, including advertising sales support for approximately two years following the separation.

Company details
Sector
Communication Services
Industry
Communications
Headquarters
PHILADELPHIA, PA
Fiscal year end
December
CIK
2067876
SIC
4833

Financial performance, year by year

Fiscal 2025–2025 · USD
$-668.80M$1.34B$3.34B$5.35B$7.36B2025

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Versant Media Group, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

389
funds hold it
2 of 35
superinvestors hold it
$1.92B
held by funds, at market
36.6%
of shares held by funds
1
bond issues held by funds

Superinvestors in Versant Media Group, Inc. · what they did last quarter

David EinhornDECREASED -36.5%
DME Capital Management (Greenlight)
1.8%of 13F portfolio
Tweedy BrowneINCREASED +84.0%
Tweedy, Browne
0.2%of 13F portfolio

Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.

Largest fund holders · Versant Media Group, Inc.’s weight in each

iShares Core S&P Small-Cap ETF
IJR · iShares Trust
0.28%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.01%of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.06%of fund net assets
Avantis U.S. Small Cap Value ETF
AVUV · American Century ETF Trust
0.42%of fund net assets
Dodge & Cox Stock Fund
DODGX · Dodge & Cox Funds
0.09%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Versant Media Group, Inc.’s bonds, as funds hold them

Funds report holding 1 issues of Versant Media Group, Inc.’s debt, $444.79M at market value — what funds hold, not the company’s total debt. Weighted-average coupon 7.25%, maturing 2031 to 2031.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do Versant Media Group, Inc. and its peers compare on margins and cash generation over ten years?”
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  • “What changed in Versant Media Group, Inc.'s last four quarterly filings that the numbers alone won't show?”
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