Comcast Completes Separation of Versant Media Group, Inc.

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into a standalone public company, effective January 2, 2026. Comcast shareholders received one share of Versant Class A or Class B common stock for every 25 shares of Comcast Class A or Class B common stock, respectively, held as of December 16, 2025. Versant, which includes brands such as CNBC, USA Network, and Golf Channel, will commence trading on Nasdaq under the symbol 'VSNT'. This strategic move allows both companies to focus on their core operations and pursue independent growth strategies.

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About Comcast Corporation

Comcast Corporation is a global telecommunications and media conglomerate that provides a wide array of services and content. Primarily, Comcast is known for its role as a provider of cable television, broadband internet, and telephone services, reaching millions of customers across the United States. Operating under the Xfinity brand, Comcast delivers not only traditional cable services but also cutting-edge digital offerings that include high-speed internet and on-demand streaming platforms. Additionally, Comcast holds significant influence in the entertainment industry through its ownership of NBCUniversal. This media powerhouse encompasses broadcast television networks, film studios, and theme parks, allowing Comcast Corporation to impact various facets of the media landscape. Founded in 1963 and headquartered in Philadelphia, Pennsylvania, Comcast is a pivotal player in both the telecommunications and media sectors, making significant contributions to how content is created, distributed, and consumed worldwide.