Versant Sees Q2 Profit Fall on Revenue Declines, Despite Ad-Sales Improvements

At a glance
Versant Media said second-quarter net income fell by 30% as the new media company continued its efforts to add non-traditional assets to lend ballast to its linear media operations. The owner of MS NOW, CNBC and USA said net income fell to $211 million from $302 million in the year-earlier quarter, a decline of $91 […]
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- Variety — Read original article
- Published
- Topic
- Culture
Versant Media said second-quarter net income fell by 30% as the new media company continued its efforts to add non-traditional assets to lend ballast to its linear media operations.
The owner of MS NOW, CNBC and USA said net income fell to $211 million from $302 million in the year-earlier quarter, a decline of $91 […]
This summary comes from Variety. Read the full article at the original source.
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