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Versant's annual revenue falls 5.3% in first results since Comcast spin-off

March 3 (Reuters) - Versant Media VSNT.O on Tuesday reported a fall in annual revenue in the first results since the completion of its spin-off from Comcast, creating a business dominated by legacy linear cable networks.

The company's board also authorized a share buyback program of up to $1 billion.

Total revenue in 2025 fell 5.3% to $6.69 billion.

 (Reporting by Harshita Mary Varghese in Bengaluru; Editing by Maju Samuel)

 ((HarshitaMary.Varghese@thomsonreuters.com;))

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