)
Versant Media Group (VSNT) investor relations material
Versant Media Group Investor Day 2025 summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Strategic Vision and Market Positioning
Focus on vertical growth in four core markets: business news/personal finance, political news/opinion, golf/athletics, and sports/entertainment, leveraging iconic brands and live programming to drive engagement and revenue.
Aims to be an industry-changing force, holding leadership positions in key verticals and reaching 65M US households monthly with 14B hours watched in 2024.
Brand awareness exceeds 90% among US adults for key properties.
Transitioning from a legacy cable model to a diversified, digital-first business, with investments in digital platforms, D2C offerings, and new revenue streams.
Commitment to disciplined capital allocation, maintaining a strong balance sheet, and targeting a more balanced revenue mix, aiming for 50% from growth areas over time.
Growth Strategy and Business Model Evolution
Focuses on three pillars: win with premium content, reach new audiences (especially non-pay TV), and launch/scale digital platforms.
Expanding Free TV networks and AVOD/FAST channels to reach 20M+ OTA-only households and extend digital reach.
Strategic acquisitions (Free TV Networks, IndieCinema) to expand reach, enter new markets, and accelerate digital transformation.
Golf & athletics participation revenue mix shifted from 20% in 2014 to 48% in 2024, driven by digital and software expansion.
Launching new digital platforms, including cinema software (Indy Cinema) and a CNBC retail investor subscription service.
Financial Performance and Guidance
Fiscal 2025 guidance: $6.6B in revenue, $2.2B in EBITDA, and $1.4B in free cash flow, with mid-30% margins.
2024-2025 revenue expected to decline 6%, adjusted EBITDA down 10%, and FCF down 15% as business transitions.
2026 forecast: revenue $6.15–6.4B, adjusted EBITDA $1.85–2.0B, FCF $1.0–1.2B, with new product launches and midterm election tailwinds.
Maintains low net leverage (1.25x target), $1.5B liquidity, and plans to allocate 20% of FCF to dividends and up to $1B for share repurchases.
Majority of pay TV distribution contracts extend to 2028 or later, providing stability during transition.
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage
)
)