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Versant Sees Q3 Profit Drop Despite Upticks in Non-TV Operations

Versant Sees Q3 Profit Drop Despite Upticks in Non-TV Operations
Versant Sees Q3 Profit Drop Despite Upticks in Non-TV Operations
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🕐 Son Güncelleme: 03.11.2026 15:03

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  • Nov 3, 2026 4:00am PT Versant Sees Q3 Profit Drop Despite Upticks in Non-TV Operations By Brian Steinberg Plus Icon Brian Steinberg Senior TV Editor bristei Latest Screen Savers: Magic Walls, Big Boards Become Critical to TV-News Election Night Success 16 hours ago MS NOW Will Make Two Local Watch Parties Part of Election Night Coverage 17 hours ago Jimmy Fallon Works on Big Plays for NBC’s ‘Tonight’: ‘Fockers’ After Football, L.A.
  • Olympics, 75th Show Anniversary in 2029 (EXCLUSIVE) 20 hours ago See All Add us as a Google Preferred Source Comments Versant Media said third quarter profit fell as its dependence on traditional media properties forced it to navigate with drops in cash from both advertising and distribution even as the company acquires new direct-to-consumer operations and launches digital businesses tied to its linear properties.
  • The owner of MS NOW, CNBC and USA said net income in the period fell more than 40% to $47 million, a decrease of $33 million from $80 million in the year-earlier period.

Versant Sees Q3 Profit Drop Despite Upticks in Non-TV Operations hakkında magazin dünyasında yaşanan en son ayrıntılar ve sıcak gelişmeler netleşti. Nov 3, 2026 4:00am PT Versant Sees Q3 Profit Drop Despite Upticks in Non-TV Operations By Brian Steinberg Plus Icon Brian Steinberg Senior TV Editor bristei Latest Screen Savers: Magic Walls, Big Boards Become Critical to TV-News Election Night Success 16 hours ago MS NOW Will Make Two Local Watch Parties Part of Election Night Coverage 17 hours ago Jimmy Fallon Works on Big Plays for NBC’s ‘Tonight’: ‘Fockers’ After Football, L.A. Olympics, 75th Show Anniversary in 2029 (EXCLUSIVE) 20 hours ago See All Add us as a Google Preferred Source Comments Versant Media said third quarter profit fell as its dependence on traditional media properties forced it to navigate with drops in cash from both advertising and distribution even as the company acquires new direct-to-consumer operations and launches digital businesses tied to its linear properties.

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The owner of MS NOW, CNBC and USA said net income in the period fell more than 40% to $47 million, a decrease of $33 million from $80 million in the year-earlier period. Versant cited lower revenue and public company costs and interest expense following its separation from Comcast.

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Related Stories MS NOW Has 2026 Midterm Elections Coverage: Here’s How to Watch Election Night Results Live Online Free Mohammad Rasoulof Cites Jafar Panahi’s New Prison Sentence as He and O Mipo Receive Tokyo’s Kurosawa Akira Award: ‘Iranian Cinema Continues to Face Repression’ Revenue fell 4.2% to nearly $1.6 billion, compared with $1.67 billion in the year-earlier quarter Versant said advertising revenue dipped 5.3% during the period while fees from distribution were off 5.8%. Revenue from its non-TV operations, however, rose 9.6%.

Versant cited higher revenue at Fandango, driven by movie ticket purchases and sales from its new cinema operating platform. Versant CEO Mark Lazarus said the company would continue to make inroads in new businesses that diversified its revenue mix.

“In the third quarter, we advanced Fandango’s evolution into a comprehensive entertainment platform, integrated Full Swing into our golf ecosystem, and launched MS NOW Membership to connect directly with our audiences,” Lazarus said in a statement. “We’re building deeper consumer relationships, expanding our reach and creating new opportunities for growth and monetization across our four core markets.” Jump to Comments More from Variety Jennifer Lawrence Says ‘Absolutely F—ing Not’ to Transforming Into X-Men’s Mystique Again Ian McKellen Pays Tribute to Close Friend Patrick Stewart: ‘He Wore His Heart on His Sleeve’ ‘Green Room’ Director Remembers Patrick Stewart as a ‘F—ing Sweetheart’ and Credits Him for Rescuing the Film: He ‘Swooped Down’ ‘Into Our Cruddy Ass Movie and Saved Us’ William Shatner and ‘Star Trek’ Family Mourn Patrick Stewart With Picard Tributes: ‘Godspeed, Captain’ Patrick Stewart Dies: Marvel, Kevin Feige Praise ‘X-Men’ Icon For Bringing ‘Charles Xavier to Life With Grace, Intelligence and Humanity’ Hugh Jackman Mourns ‘X-Men’ Co-Star Patrick Stewart: ‘A Tremendous Friend and Man.

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