U.S. District Judge Timothy Kelly had ruled that the three outlets targeted by President Donald Trump can keep their access to the White House complex.
CNN, MS NOW and Politico asked a federal judge late on Monday to issue a court order preserving their White House access while they fight US President Donald Trump's move to ban them over coverage he dislikes.
Versant Media Group, Inc. (VSNT) Presents at Goldman Sachs Communacopia + Technology Conference 2026 Transcript
Versant NASDAQ: VSNT reported second-quarter revenue of $1.64 billion, down 4% from the prior-year period, while adjusted EBITDA rose 3% to $624 million as growth in advertising and digital platforms helped offset continued pressure in linear television distribution.
Versant Media shares climbed after the company raised its full-year outlook despite recording lower sales in its third earnings report since being spun off from Comcast.
Versant delivered mixed results in its second quarter after spinning off from Comcast, with revenue and earnings per share both declining from the year-ago period. Total revenue slipped 4% to $1.64 billion, while EPS dipped to $1.49 from $2.09.
Versant, Comcast's recently spun out portfolio of pay TV networks and digital properties like Fandango, reported second-quarter earnings before the bell on Thursday. The company lifted its full-year 2026 revenue and adjusted EBITDA guidance due to what executives referred to as "strength" and "continued growth" in the first half of the year.
Versant Media Group, a recent Comcast spin-off, is highlighted as a very cheap stock with a high return on capital. VSNT trades at less than 3x Free Cash Flow with an accelerated buyback authorization in place. The company is finding momentum in digital with its MS NOW network, which has gained reach on YouTube, TikTok, and podcasts.
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.
As big media companies work through the next costly and competitive contract cycle with the NFL, it leaves room for newly independent Versant to nab rights to other leagues as they come up, said CEO Mark Lazarus on a Versant earnings call Thursday.
Shares of Versant Media Group rose around 10% on Thursday, following its first quarter earnings report to investors.
Versant Media Group, Inc. (VSNT) Q1 2026 Earnings Call Transcript