Versant is also likely to return money to shareholders via a dividend, CNBC reported in November. One strategy the company isn't likely to pursue is to acquire a group of cable networks.

Versant: Comcast cable TV spinoff gets new name ahead of launch, includes ... MSNBC, CNBC and E!, as well as some digital brands like Fandango. Skip to main content Plus Icon Click to expand the ...

Comcast’s SpinCo, which will include USA, MSNBC, CNBC and E!, will be renamed Versant to emphasize corporate versatility and adaptability, the company said.

Comcast’s SpinCo, which will include USA, MSNBC, CNBC and E!, will be renamed Versant to emphasize corporate versatility and adaptability, the company said.