Versant Becomes Standalone Company After Comcast Spinoff Closes

Versant is officially a standalone company after finalizing its spinoff from Comcast on Friday at 11:59 p.m. ET.

“Today marks a defining moment as Versant becomes an independent, publicly traded media company,” Versant CEO Mark Lazarus said in a statement. “As a standalone company, we enter the market with the scale, strategy and leadership to grow and evolve our business model.” 

“This milestone reflects the financial strength and readiness of Versant as a standalone public...