Versant is building a streaming strategy — could USA Sports be next?
Versant has already made streaming moves with MS NOW and Fandango
Versant has already made streaming moves with MS NOW and Fandango
The made-for-TV event returns to Trump National Golf Club Jupiter on Dec. 16.
About 80% of Versant's revenues are generated from the cable television business.
"I do believe there will be opportunities for us to grow our sports portfolio."
Vox Media told investors in February the podcast network wasn't for sale.
"I think our M&A strategy is more about us acquiring properties than vice versa."
The agreement will now include the 2033 Ryder Cup from Olympic Club in San Francisco.
Its current agreement with the major championship goes through 2028.
The agreement will include nearly 600 hours of live coverage per season.
The company will look to diversify outside of its linear television business.
Golf Channel and CNBC will air most of the additional rounds.
USA Network will air 22 regular season football games and 50 regular season men's basketball games under the new deal.
Versant is giving its sports programming a clear identity with the launch of USA Sports, ahead of its 2026 spinoff from NBCUniversal.
The decision comes as NBC prepares to spinoff its cable assets into Versant.
The network will also add Wednesday night doubleheaders next season.
If you want to watch the WNBA Finals or Stanley Cup playoffs, you're going to need cable (again). Thank Comcast and Warner Bros.
NBC and Versant are reportedly working through terms of their spinoff with the league.
The competition will likely take on a U.S. versus international format.
The networks will remove any peacock imagery from their logos.
"All other things being equal, we'd like to continue to work with and partner with NBCU and Peacock going forward."
"It’s become relatively clear to me from the many conversations that I’ve had that we could get some sort of an announcement in the not too distant future that they are planning to try to split the company."
It's unclear if the partnership will extend beyond then.
The new entity will launch by the end of 2025.