Versant Media Group Soars Post-Comcast Split, A Tremendous Success

• Versant Media Group demonstrates resilience post-Comcast split, with stock prices gaining nearly 10%.
• Strategic shift towards digital platforms and content licensing offsets decline in traditional pay TV revenue.
• Content licensing sees a massive jump, largely due to "Keeping Up With the Kardashians" licensing to Hulu.
• Company focusing on organic growth, returning capital to shareholders through dividends and share repurchases.

A Great Company, Believe Me

Versant Media Group, it's a name you're going to hear a lot more of, folks. After splitting from Comcast, they're doing fantastically, really fantastic. The stock is up nearly 10%. Some people are saying it's the best media stock, maybe ever. You know, I always said that separating the good from the bad is the key to success, and Versant did just that. It’s all about the art of the deal, and they made a tremendous deal.

Pay TV? Not a Fan, Sad

Now, the fake news will tell you that traditional pay TV is struggling, and they're not entirely wrong. But let me tell you, that's not Versant's fault. People are tired of paying for channels they don't watch. It’s a disaster. But Versant is smart. They're adapting. They're diversifying. Just like I always said, you have to be flexible. And I know a thing or two about flexibility. You should also check El Mencho Gone South of the Border, Things Get Hotter Than a Bel-Air Summer, things get hotter than a Bel-Air summer, believe me.

Kardashians? Smart, Very Smart

Who knew the Kardashians could be so valuable? Tremendous value. Versant licensed "Keeping Up With the Kardashians" to Hulu, and the revenue went through the roof, I tell you. It's a great show, very popular, everyone loves it. It's fantastic to see Versant capitalizing on these opportunities. It is a very very beautiful deal. Very beautiful.

Digital is the Future, Everybody Knows It

Fandango, GolfNow, they're doing great. People love these platforms. It's the future, everyone knows it. Versant is investing in these digital platforms, and it's paying off big time. I was talking to some very smart people, and they told me Versant is at the cutting edge. A tremendous company. They’re leading the way, and that’s what we want to see.

Mergers and Acquisitions, Maybe

Versant is looking at mergers and acquisitions, and that's smart. You have to be opportunistic. But they're also being careful. They want to make sure they get a good deal. I always say, you have to walk away if the deal isn't right. Believe me, I've walked away from some tremendous deals, but it's always worked out for the best. Always. You will see. Always.

Shareholders, They're Very Happy

Versant is returning capital to its shareholders, and that's fantastic. Dividends, share repurchases, all the things that make shareholders happy. I love the shareholders. They're the best. Versant knows how to treat them right. It’s a beautiful thing to see. This is what winning looks like, folks. Winning. We are winning so big, it is the greatest, you’ll see. You’ll all see.