Versant Says 2025 Profit Fell, Citing Revenue Dips in Advertising, Distribution

Key Highlights

• The company, built on MS NOW, CNBC, USA and other one-time NBCU properties, aims to create mix of revenue that is half derived from traditional pay-TV operations and half derived from new businesses that require direct connections with consumers such as subscriptions or commerce.
• Revenue from such operations came to 19% of the company’s revenue in 2025.
• Related Stories 'In a Violent Nature 2' Set to Hit the EFM With Charades on Board (EXCLUSIVE) ‘A New Dawn’: Director Yoshitoshi Shinomiya Talks About His One-of-a-Kind Japanese-French Anime Berlin Golden Bear Contender “Versant enters this next chapter as an independent, well-positioned media and entertainment companywith strong momentum and clear strategic focus,” said Mark Lazarus, Versant’s CEO, in a statement.
• “I couldn’t be more excited about what’s ahead as we invest in our iconic brands to evolve our business model.
• We aim to do so with a focus on delivering strong shareholder returns, both in the near and long term.” Popular on Variety The company said revenue in 2025 came to nearly $6.69 billion, off 5.3% from the $7.06 billion it secured in 2024.