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Versant Media Group Inc's Business Segments
Versant Media Group Inc's reported revenue by business segment and by geographic region, quarterly and annual, normalized against the consolidated income statement. Free below: the top 3 rows per table, this quarter and this fiscal year. Subscriber access adds the full segment history and operating income by segment.
Segment Data As of FY
Reportable Segments
4
Largest Segment
Linear distribution
Total Revenue
$ 1,644
Regions Reported
-
Revenue Share by Reportable Segment - FY
- Linear distribution0%
- Advertising48.1%
- Platforms25.4%
- Content licensing and other10%
Revenue by Reportable Segment - FY
| Segment | Revenue (Millions) | % of Total |
|---|---|---|
| Linear distribution | $ 1,959 | - |
| Advertising | $ 791 | 48.1% |
| Platforms | $ 417 | 25.4% |
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Revenue by Product & Service Category - FY
- Linear distribution59.6%
- Advertising21.8%
- Platforms11.4%
- Content licensing and other7.2%
Revenue by Product & Service Category - FY
| Category | Revenue (Millions) | % of Total |
|---|---|---|
| Linear distribution | $ 1,006 | 59.6% |
| Advertising | $ 368 | 21.8% |
| Platforms | $ 192 | 11.4% |
Product and service categories are a supplemental disclosure and are not required to sum to consolidated revenue or to the reportable segments above.
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Annual Results
Revenue Share by Reportable Segment - FY
- Linear distribution0%
- Advertising48.1%
- Platforms25.4%
- Content licensing and other10%
Revenue by Reportable Segment - FY
| Segment | Revenue (Millions) | % of Total |
|---|---|---|
| Linear distribution | $ 1,959 | - |
| Advertising | $ 791 | 48.1% |
| Platforms | $ 417 | 25.4% |
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Description of Versant Media Group Inc
Versant is a media and entertainment company operating in four primary markets: political news and opinion, business news and personal finance, golf and athletics participation, and sports and genre entertainment. The company serves these markets through a portfolio of U.S.-based television networks, including MS NOW, CNBC, USA Network, Golf Channel, E!, SYFY, and Oxygen, as well as digital platforms such as GolfNow, Fandango, and Rotten Tomatoes. Versant produces, licenses, and acquires content distributed via its networks and digital platforms, targeting viewers, subscribers, advertisers, distributors, and licensing partners. Its revenue is primarily derived from network distribution fees, advertising sales, digital platform services, and content licensing. Programming includes MS NOW for politics and news; CNBC for business and finance; USA Network for sports and entertainment; Golf Channel for golf content; GolfNow as an online tee time marketplace and golf course management technology provider; SportsEngine for youth sports management; E! for pop culture content; SYFY for science fiction and fantasy; Oxygen True Crime for true crime programming; and Fandango for movie ticketing and reviews, including Rotten Tomatoes. Versant also acquired Free TV Networks, which operates free over-the-air and streaming channels. The company was incorporated in 2025, separated from Comcast in 2026, and trades on Nasdaq under the ticker "VSNT." It operates a single business segment and generates revenue through distribution, advertising, digital services, subscriptions, and licensing.
The registrant operates multiple business segments through its portfolio of brands, delivering news, sports, and entertainment content via networks and digital platforms. These segments include MS NOW, which features politics, news, and opinion programming across MVPDs, digital and social platforms, podcasts, and live events; CNBC, which provides business and personal finance news with real-time market coverage and branded products such as direct-to-consumer services, podcasts, conferences, and live events; USA Network, offering sports, entertainment, and live event programming including WWE Smackdown, NASCAR, WNBA, golf, Premier League, PAC-12, League One Volleyball, and the Olympics; Golf Channel, delivering live golf and related content globally; GolfNow, an online tee time marketplace and golf course technology provider; SportsEngine, which offers digital products and services for youth sports league management and payment processing; E!, a pop culture network with news, unscripted originals, live events, and acquired content, along with E! News Digital for digital and social platforms; SYFY, a science fiction genre network with multiplatform content; and Oxygen True Crime, a multiplatform brand featuring true crime programming, including franchises such as Snapped, Cold Justice, and Killer Relationship with Faith Jenkins.