Versant Media Group, Inc. Class A Common Stock

VSNT

Market cap $4.97B

The new corporate home for cable channels like CNBC, MS Now and USA Network has started off down over 25% following its separation from Comcast.

Comcast co-CEO Michael Cavanagh joins 'Squawk Box' to discuss the completion of Versant spinoff, Comcast's business growth strategy, state of the media landscape, and more.