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Versant Sees Q3 Profit Drop Despite Upticks in Non-TV Operations

Versant Sees Q3 Profit Drop Despite Upticks in Non-TV Operations

News Briefvia Variety

Versant Media said third quarter profit fell as its dependence on traditional media properties forced it to navigate with drops in cash from both advertising and distribution even as the company acquires new direct-to-consumer operations and launches digital businesses tied to its linear properties.

Source Variety

This is a summary of a story originally reported by Variety.

Read the full story at Variety

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