Versant Media Group, Inc. Reports Third Quarter 2026 Financial Results

Versant Media Group reported third-quarter 2026 net income of $47 million and Adjusted EBITDA of $353 million, alongside double-digit year-over-year growth in aggregate viewership. The company repurchased $100 million of Class A shares through an accelerated share repurchase agreement and plans to begin another $100 million ASR on November 4, 2026. Versant also highlighted the launch of MS NOW Membership, continued development of CNBC’s direct-to-consumer platform, and growth in its Fandango and golf ecosystem businesses.