Versant Media FY2025 revenue $6.69B, net income $930M; $0.375 dividend, $1B buyback

Versant Media Group, Inc.

FY2025 revenue of $6.69B (down 5% vs $7.06B in 2024); net income attributable to Versant $930M.
Adjusted EBITDA $2.42B; Standalone Adjusted EBITDA $2.18B (33% margin).
Quarterly cash dividend of $0.375 per share declared; board authorized $1B share repurchase.
Linear distribution revenue $4.09B, advertising $1.58B, platforms $826M, content licensing $193M.
CEO Mark Lazarus cites strong momentum as standalone company; separation from Comcast completed Jan 2, 2026.

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