The Desk appreciates the support of readers who purchase products or services through links on our website. Learn more...

Comcast spin-off “SpinCo” to be permanently named Versant

The new company will include nearly all of Comcast's cable TV networks and digital properties.

Photo of author
By:
»

mkeys@thedesk.net

Share:
The logo of Versant. (Courtesy logo, Graphic designed by The Desk)
The logo of Versant. (Courtesy logo, Graphic designed by The Desk)

The new company that will house most of Comcast’s cable television networks and digital properties when they are spun out later this year will be called Versant, the company’s CEO Mark Lazarus confirmed in a note to workers on Tuesday.

Versant will replace “SpinCo” as the permanent brand name, and is intended to reflect “versatility, growth and innovation,” Lazarus wrote in the note, a copy of which was reviewed by The Desk.

“When we first announced the spin-off, we knew it would require a new way forward for our iconic and beloved brands,” Lazarus wrote. “We’ve done a lot of work over the last few months to identify who we are and how we will create a successful company, which led us to this next step.”

Versant will include nearly all of Comcast’s cable networks, except Bravo, as well as digital platforms like Fandango and Rotten Tomatoes when those assets are separated from NBC Universal later this year.

The company is already on a hiring spree — it has aspirations to onboard hundreds of journalists for MSNBC and CNBC, its two cable news and information channels — and hundreds more in production, marketing and support roles.

More than 5,000 prospective workers have expressed interest in joining Versant, Lazarus affirmed in the note.

“Later this week, we will launch a comprehensive careers site, which will list the open positions at our company,” Lazarus said. “This is an important step forward, laying a foundation for a company with deep industry knowledge and entrepreneurial edge.”

Versant continues to scout for a new headquarters, and has established temporary offices in a location that Lazarus referred to as “summer camp.”

Never miss a story

Get free breaking news alerts and twice-weekly digests delivered to your inbox.

We do not share your e-mail address with third parties; you can unsubscribe at any time.

Photo of author

About the Author:

Matthew Keys

Matthew Keys is the award-winning founder and editor of TheDesk.net, an authoritative voice on broadcast and streaming TV, media and tech. With over ten years of experience, he's a recognized expert in broadcast, streaming, and digital media, with work featured in publications such as StreamTV Insider and Digital Content Next, and past roles at Thomson Reuters and Disney-ABC Television Group.
TheDesk.net is free to read — please help keep it that way.

We rely on advertising revenue to support our original journalism and analysis.
Please disable your ad-blocking technology to continue enjoying our content.

Learn how to disable your ad blocker on: Chrome | Firefox | Safari | Microsoft Edge | Opera | AdBlock plugin

Alternatively, add us as a preferred source on Google to unlock access to this website.

If you think this is an error, please contact us.