Comcast Corporation filed SEC Form 8-K: Other Events, Financial Statements and Exhibits
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Item 8.01 Other Events
On December 3, 2025, the Board of Directors (the “Board”) of Comcast Corporation (“Comcast”) approved the previously announced separation of certain cable television networks and complementary digital platforms from its remaining businesses (the “Separation”), which will be achieved through a pro rata distribution of 100% of the outstanding shares of Class A common stock of Versant Media Group, Inc. (“Versant”) and 100% of the outstanding shares of Versant Class B common stock to the holders of Comcast Class A common stock and Comcast Class B common stock, respectively, in each case, as of the record date of December 16, 2025 (the “record date”).
Each of Comcast’s shareholders as of the record date will be entitled to receive one share of Versant Class A common stock or Versant Class B common stock for every 25 shares of Comcast Class A common stock or Comcast Class B common stock, respectively, held by such shareholder at the close of business on the record date. The distribution is expected to be completed after the close of trading on Nasdaq on January 2, 2026. Following the Separation, Versant will be an independent, publicly traded company, and Comcast will retain no ownership interest in Versant.
The completion of the distribution is subject to the satisfaction or waiver of certain customary conditions, including that no event or development will have occurred or exist that, in the judgment of the Board, in its sole discretion, makes it inadvisable to effect the distribution.
A copy of the press release announcing these matters is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
Item 9.01(d). Exhibits.
| Exhibit Number |
Description | |
| 99.1 | Press Release issued by Comcast Corporation, dated December 3, 2025 | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| COMCAST CORPORATION | |||
| Date: December 3, 2025 | By: | /s/ Elizabeth Wideman | |
| Name: | Elizabeth Wideman | ||
| Title: | Senior Vice President, Senior Deputy General Counsel and Assistant Secretary | ||