StockNews.AI
CMCSA
CNBC
12 hrs

Versant strikes multiyear media deal with League One Volleyball

1. Comcast's spinoff Versant secured a media rights deal with League One Volleyball. 2. Versant's USA Network will broadcast LOVB's primetime matches weekly. 3. Women's volleyball is witnessing significant growth in viewership and participation. 4. Versant's strategy includes expanding women's sports rights, adding to their existing portfolio. 5. The popularity of volleyball may enhance Versant's valuation prior to their spinoff.

5m saved
Insight
Article

FAQ

Why Bullish?

The partnership strengthens Versant's media portfolio, likely increasing investor interest before spinoff.

How important is it?

The media deal exemplifies strategic growth in a profitable sector, impacting CMCSA's future developments.

Why Long Term?

Sustained growth in women's volleyball can enhance Versant's revenue prospects over time.

Related Companies

Related News