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Versant Sees Improved Ad Revenue Picture Following Comcast Split

Versant reported a 4% revenue decline YoY to $1.64 billion in its second quarter after leaving Comcast, Deadline reports. The company hopes to eventually achieve a 50-50 revenue split between linear TV and digital, changing from its current level of 75-25. Advertising revenue fell by less than 1% to $423 million, a sharp improvement over the same period last year.

Read the whole story at Deadline.com »

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