---
schema_version: "secwatch.filing_event.v1"
accession: "0002067876-26-000007"
form_type: "8-K"
ticker: "VSNT"
cik: "0002067876"
company_name: "Versant Media Group, Inc."
filed_at: "2026-03-03T23:59:59+00:00"
generated_at: "2026-05-15T22:21:18.564409+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0002067876-26-000007
- form_type: 8-K
- ticker: VSNT
- cik: 0002067876
- company_name: Versant Media Group, Inc.
- filed_at: 2026-03-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2067876/000206787626000007/0002067876-26-000007-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2067876/000206787626000007/vsnt-20260303.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0002067876-26-000007
- JSON: https://secwatch.observer/filing/0002067876-26-000007.json
- Plain text: https://secwatch.observer/filing/0002067876-26-000007.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.