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$VSNT
Versant Media Group, Inc.
Versant is a media and entertainment business serving audiences in political news and opinion, business news and personal finance, golf and athletics participation, and sports and genre entertainment. It operates television networks primarily in the United States, including MS NOW, CNBC, USA Network, Golf Channel, E!, SYFY and Oxygen, alongside digital platforms such as GolfNow, Fandango, Rotten Tomatoes and SportsEngine. Versant produces, licenses and acquires content for its networks and platforms, reaching viewers, subscribers, advertisers, distributors and licensing partners. It presents its operations as one reportable business segment and is headquartered in New York, New York. Versant makes money primarily by distributing its networks to traditional and virtual video providers, selling advertising on its networks and digital platforms, providing transaction-based and other services through digital platforms, and licensing content to third parties. Its platforms facilitate transactions and provide technology and related services for golf courses, cinemas and youth sports organizations. It also offers subscription services, including CNBC-branded offerings and GolfPass.
Versant Media (VSNT) reported Q3 2026 earnings, highlighting progress in distribution renewals, digital platform growth, and acquisitions. Key achievements include 75% of network subscribers under contract into 2028, double-digit revenue growth in digital platforms, and successful launches like MS Now direct-to-consumer and Fandango streaming. The company affirmed its 2026 full-year outlook with revenue of $6.2B-$6.45B and adjusted EBITDA of $1.9B-$2.05B.
Versant Media Group, Inc. (VSNT) announced a quarterly dividend of $0.375 per share, with a forward yield of 4.54%. The dividend is payable on January 25 to shareholders of record on January 4, with an ex-dividend date of January 4.
Versant (NASDAQ:VSNT) reported Q3 earnings, highlighting resilience in pay TV and growth in direct-to-consumer services. MS NOW's viewership rose 20% YoY, and CNBC ranked among top 10 cable networks. The company added Bundesliga rights and aired WNBA games, with viewership up 25%. Programming costs fell 1% to $736M, while other costs rose 10% to $142M. Versant ended the quarter with $1B in cash and plans a $100M share repurchase program.
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VSNT sentiment & insider activity
Recent VSNT coverage spans earnings, financial news and corporate actions.
What's driving VSNT
Earnings miss on revenue may weigh on the stock despite unchanged outlook.
New operating and capital-return details from the Q3 call should support sentiment, but near-term EBITDA sensitivity from additional NASCAR races adds some caution.
AlphAI scores every news story that mentions VSNT with an AI model for sentiment and relevance, and aggregates insider trades from Versant Media Group, Inc.'s SEC EDGAR Form 4 filings. Figures refresh continuously.
Versant Media (VSNT) reported Q3 2026 earnings, highlighting progress in distribution renewals, digital platform growth, and acquisitions. Key achievements include 75% of network subscribers under contract into 2028, double-digit revenue growth in digital platforms, and successful launches like MS Now direct-to-consumer and Fandango streaming. The company affirmed its 2026 full-year outlook with revenue of $6.2B-$6.45B and adjusted EBITDA of $1.9B-$2.05B.
Versant Media Group, Inc. (VSNT) announced a quarterly dividend of $0.375 per share, with a forward yield of 4.54%. The dividend is payable on January 25 to shareholders of record on January 4, with an ex-dividend date of January 4.
Versant (NASDAQ:VSNT) reported Q3 earnings, highlighting resilience in pay TV and growth in direct-to-consumer services. MS NOW's viewership rose 20% YoY, and CNBC ranked among top 10 cable networks. The company added Bundesliga rights and aired WNBA games, with viewership up 25%. Programming costs fell 1% to $736M, while other costs rose 10% to $142M. Versant ended the quarter with $1B in cash and plans a $100M share repurchase program.
Versant Media Group, Inc. (VSNT) filed an SEC Form 8-K — Results of Operations and Financial Condition. Versant Media Reports Third Quarter 2026 Operating and Financial Results • Revenue of $1.59 Billion • Net Income Attributable to Versant of $47 Million • Adjusted EBITDA of $353 Million 1 • Declared Fourth Quarterly Cash Dividend of $0.375 Per Share • Completed $100 Million Accel
Versant Media Group Inc. (VSNT) reported Q3 earnings of $47M, or 34 cents per share, beating analyst estimates of 3 cents per share. Revenue was $1.59B, exceeding expectations of $1.55B. The company forecasts full-year revenue between $6.2B and $6.45B.
Versant (VSNT) expanded its MS NOW Membership to connected TV platforms, including Roku, Apple TV, and Amazon Fire TV, on Nov. 2. The service costs $7.99 monthly or $79.99 annually, with a 30% discount on annual plans until Nov. 17. This follows the initial launch of its direct-to-consumer offering.
Versant (VSNT) added four new FAST channels from CNBC, Oxygen, and E! on Prime Video and The Roku Channel, expanding its lineup to 13. The move is part of a diversification strategy following the acquisition of Free TV Networks.
Morgan Stanley initiated coverage on Versant Media Group (NASDAQ:VSNT) with an equalweight rating and a $38.00 price target. The company, a Comcast/NBCU spin-off, trades at a low EV/EBITDA multiple and has a strong free cash flow yield. Morgan Stanley forecasts revenue and EBITDA declines for 2027-2029 due to pay-TV headwinds. VSNT reported a 4% revenue decline in Q2 but raised its full-year 2026 outlook. Goldman Sachs lowered its price target to $43, citing advertising revenue challenges.
Versant Media Group (VSNT) renewed its multi-year distribution agreement with Verizon (VZ), ensuring continued access to channels like USA Network and CNBC for Verizon Fios subscribers. The deal secures affiliate fee revenue and strengthens Versant's position in the pay-TV ecosystem. VSNT offers a 2.3% dividend yield with a low payout ratio of 12%, but dividend growth has been flat.
Goldman Sachs reduced its price target for Versant Media Group (VSNT) to $43 from $46, citing lower ad revenue expectations and linear distribution challenges. The stock is currently trading at $36.33, below the new target and InvestingPro's Fair Value of $45.78. Goldman lowered its Q3 2026 ad revenue estimate to $376M, down 5% YoY, but raised Content Licensing revenue to $40M. The firm forecasts Q3 2026 EBITDA of $315M and total revenue of $1.58B. VSNT reported a 4% revenue decline in Q2 but a