Company Profile

VERSANT Media Group, Inc. is incorporated in Pennsylvania

VERSANT reports on a calendar year basis ending on December 31st

Deloitte & Touche LLP

The Comcast Board believes separating Versant from Comcast’s other businesses is in the best interests of Comcast and its shareholders and that the Separation will provide Comcast and VERSANT with a number of potential opportunities and benefits, including permitting each company to focus its strategy on unique sectors in the changing media landscape, the ability to focus investment of resources to align with specific strategic focus areas of each of VERSANT and Comcast, including the ability of VERSANT to use its cash flow and securities to evaluate and effect value enhancing opportunities, including acquisitions, partnerships and organic investment, alignment of incentives for each of VERSANT and Comcast to incentivize, attract and retain key employees and providing investors with a more targeted investment opportunity. 

The intended separation of VERSANT is targeted for completion in early January 2026, and is subject to satisfaction of customary conditions, including, among others, final approval by Comcast’s Board of Directors, the effectiveness of our Form 10 registration statement which has been filed with the U.S. Securities and Exchange Commission, applicable regulatory approvals and satisfactory completion of certain financing transactions.

Holders of Comcast common stock as of the record date will be entitled to receive share(s) of VERSANT Class A common stock or VERSANT Class B common stock for share(s) of Comcast Class A common stock or Comcast Class B common stock, respectively, held by them on the record date, with the number of shares to be determined on the basis of a distribution ratio to be set by the Comcast Board.

There is currently no public market for VERSANT Class A common stock. We have applied to list shares of VERSANT Class A common stock listed on Nasdaq under the ticker symbol “VSNT.”

Equiniti Trust Company, LLC will be the transfer agent for the VERSANT Class A common stock.

Equiniti Trust Company, LLC.

Before the spin-off of VERSANT, if you have questions relating to the spin-off, you should contact Comcast at:
Thomas J. Reid
Comcast Corporation
One Comcast Center
Philadelphia, PA 19013-2838
(866) 281-2100

After the spin-off of VERSANT, if you have questions relating to the spin-off, you should contact VERSANT at:
Legal Department
Versant Media Group, Inc.
904 Sylvan Avenue
Englewood Cliffs, NJ 07632
(201) 735-2622

Investor Relations
Versant Media Group, Inc.
904 Sylvan Avenue
Englewood Cliffs, NJ 07632