Comcast spinoff Versant debuts at modest valuation, puts Warner Bros. Discovery in focus

Versant Media Group, the cable networks spinoff from Comcast, debuted Monday in when-issued trading at a price that values the company’s equity at about $6.5 billion.It’s not easy to draw a firm conclusion about the ultimate trading level for Versant because trading activity is extremely light at under 5,

Comcast makes cable TV plans more generous after customer losses

Comcast, which offers cable TV, phone, and internet services under its Xfinity brand, is doubling down on luring back cable TV customers who have increasingly cut the cord on service after the company enforced harsh changes that raised monthly bills.
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Comcast revamps Xfinity TV plans: 4K for all, no contracts, no extra equipment fees

After revamping its internet offerings in June, Comcast is now overhauling its Xfinity TV packages, which include new plan names and retooled pricing. Starting Wednesday, subscribers will now get the X1 4K TV box,

Comcast’s Versant Spin-Off From NBCU Set to Close in January

Comcast, NBC’s corporate parent will on January 2 spin off MSNBC, CNBC and a group of other businesses into a new company called Versant, the company revealed Wednesday. Comcast shareholders will receive one share of Versant Class A common stock or Versant Class B common stock for every 25 shares of Comcast Class A common stock or Comcast Class B common stock they hold,

The Versant Spinoff: What Comcast Shareholders Need To Know Now

Comcast spins off Versant Media, offering strong cash flow and value. Click here to learn about CMCSA's outlook, valuation, and spinoff strategy.

Comcast Board Approves Separation Of Cable Networks Into New Versant Media Group In January

Comcast’s Board of Directors said it’s board has approved the previously announced separation its cable television networks into a new company called Versant.

Comcast cable boxes are getting Amazon Luna cloud gaming

Amazon’s Luna cloud gaming service is coming to cable boxes from Comcast and Rogers. The Luna app is already available via web browsers, Fire TV devices, Fire tablets, and many smart TVs from Samsung and LG, and this new expansion will bring the service to “millions” more devices, according to Amazon.
The Desk

Spectrum News lands on Comcast’s Xfinity TV in several states

Charter has made good on its promise to bring its regional Spectrum News channels to Xfinity TV customers in several states.

Mike Cavanagh Says Comcast Bid For Warner Bros. Was Light On Cash Versus Rival Offers – “We Didn’t Expect That We Had A High Likelihood Of Prevailing”

Comcast president Mike Cavanagh, in a post-mortem of the company's flirtation with buying Warner Bros., said the company's offer was light on cash relative to rivals Netflix and Paramount.
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