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Versant Media Group — Third Quarter 2026 Earnings Summary

Versant Media Group reported third-quarter 2026 total revenue of $1.594 billion, a 4.2% decline from the prior year, driven by decreases in linear distribution and advertising revenue. Net income attributable to Versant fell to $47 million, while Adjusted EBITDA decreased to $353 million. The company generated $302 million in free cash flow and announced a fourth-quarter cash dividend of $0.375 per share. Additionally, Versant completed a $100 million accelerated share repurchase and plans to execute an additional $100 million repurchase in the fourth quarter.

Company
VERSANT MEDIA GROUP INC
Sector
Communication Services
Industry
Entertainment