Comcast Spinoff Versant Board Nominees Have Deals, AI Experience
Comcast Corp. named the board members of the planned spinoff Versant Media Group Inc., moving forward on separating cable channels from its NBCUniversal business.
The Philadelphia-based internet and cable-TV provider announced in November that it planned to spin off the channels, while keeping the NBC broadcast network, Bravo and the Peacock streaming platform. Versant will be publicly traded and home to MSNBC, CNBC, Golf Channel, USA Network, Oxygen and E!, among other assets. Comcast Chief Executive Officer Brian Roberts will still hold a significant share of the voting rights in the new business.