Aug 6 : Versant Media raised its annual revenue forecast on Thursday as higher advertising sales, driven by strong demand for its news and sports programming, and digital platform growth offset weak quarterly pay-TV distribution revenue.Shares of the New York-based company rose 7.4 per cent in premarket tradi

Versant noted revenue growth in its platforms business, which includes Fandango and GolfNow, and now, the recent acquisition of Full Swing.

The CNBC and MS NOW owner, led by Mark Lazarus, has raised its full-year 2026 revenues and EBITDA guidance for the second half of the year.