Versant Q1 Sees Profit Slip On Revenue Dip, Corporate Costs; Non-TV Operations Show Strength

Versant Media said profit in its first fiscal quarter fell due to erosion at its TV operations and higher corporate costs tied to its recent spin-off from NBCUniversal, even as some of its direct-to-consumer businesses showed strength and buoyed its efforts to diversify revenue beyond traditional media assets, The New York owner of MS NOW, […]

By Brian Steinberg