Versant Media Group

VSNT

Market cap $5.14B

Versant Media, the collection of cast-off NBCUniversal cable networks now an independent company, is betting that live sports, including a new deal with Germany's Bundesliga, can help it turn Fandango into something more than a place to get movie tickets.

STAMFORD, Conn.--(BUSINESS WIRE)--USA Sports is the new exclusive English-language home of the Bundesliga – Germany's top domestic soccer league – beginning this August with more than 300 live matches airing in the United States across USA Network and streaming on Versant-owned Fandango. As part of the long-term partnership which runs through the 2030-31 season, USA Sports will present live coverage of all Bundesliga regular season matches. Coverage begins Saturday, August 22, on USA Network wi.

NEW YORK--(BUSINESS WIRE)--Versant Media Group, Inc. (Nasdaq: VSNT) today announced it will report second quarter 2026 operating and financial results on Thursday, August 6, 2026, and will hold a conference call on the same day at 8:00 a.m. ET. The call will be hosted by Versant's Chief Executive Officer, Mark Lazarus, and Chief Financial Officer and Chief Operating Officer, Anand Kini. A live audio webcast of the call will be available on Versant's Investor Relations website at investors.versa.

Versant Media Group has acquired sports tech firm Full Swing for $530 million in cash, expanding its portfolio of businesses operating outside of traditional linear TV.

Versant will acquire Full Swing for approximately $530 million in cash. Full Swing adds to Versant's golf assets, which already include Golf Channel, GolfNow and GolfPass.

NEW YORK--(BUSINESS WIRE)--Versant Media Group, Inc. (NASDAQ: VSNT) today announced it has entered into a definitive agreement to acquire Full Swing, a leading sports technology company with patented hardware and integrated software used by consumers, competitive athletes, coaches, and commercial venues. Under the terms of the agreement, Versant will acquire Full Swing from Bruin Capital and a group of minority investors for approximately $530 million in cash, subject to customary purchase pric.

2026 film ticket sales run at multi-year highs, led by familiar blockbuster franchises and kid-friendly titles. Hollywood's packed release calendar through October could keep theaters buzzing into the fall.

Versant Media Group is a Comcast spin-off trading at a deep value, with resilient cash flow from live news, sports, and digital assets. Despite linear TV decline, VSNT's diversified revenue streams—including Fandango, GolfNow, and content licensing—support a stable free cash flow profile. Capital returns are underway: $100M buybacks completed, another $100M authorized, and a $1.50 annualized dividend, enhancing per-share value.

Versant Media Group, Inc. (VSNT) Presents at 2026 Evercore Global TMT Conference Transcript

Versant Media Group, Inc. (VSNT) Presents at J.P. Morgan 54th Annual Global Technology, Media and Communications Conference Transcript