Note: A reminder that I’ll be hosting a live webinar on Thursday, focused on the evolving impact of AI on the investment research process; if you are interested in attending, click here to learn more and to register for the call.
On Thursday, Versant (VSNT) published its preliminary information statement in advance of its spin-off from Comcast (CMCSA). The decision to pursue this separation, announced in November 2024, comes at an interesting moment for the media industry. Most notably, Warner Bros. Discovery (WBD) was also preparing to spin its global linear channel assets – a move now up in the air as Paramount Skydance (PSKY) reportedly intends to bid for all of WBD.