Versant Media Group, Inc. (VSNT) Presents at Goldman Sachs Communacopia + Technology Conference 2026 Transcript

Versant Media Group, Inc. (VSNT) Goldman Sachs Communacopia + Technology Conference 2026 September 8, 2026 6:45 PM EDT

Company Participants Anand Kini - CFO & COO Mark Lazarus - CEO & Director

Conference Call Participants Michael Ng - Goldman Sachs Group, Inc., Research Division

Presentation Michael Ng Goldman Sachs Group, Inc., Research Division Wonderful. Well, good afternoon, everybody. My name is Mike Ng. I cover media cable telco here at Goldman Sachs. And I have the privilege of introducing Anand Kini, who is the Chief Financial Officer and Chief Operating Officer at Versant Media. We have 35 minutes for today's presentation. And first and foremost, I want to thank you so much for being here today, Anand.

Anand Kini CFO & COO Thanks, Mike. Thanks for having me.

Question-and-Answer Session Michael Ng Goldman Sachs Group, Inc., Research Division Pleasure is mine. Well, let's talk about big strategic priorities for Versant. The company completed its separation from Comcast earlier this year in January. It's a pure-play media company with cash-generative linear networks such as USA Network, CNBC, MS NOW as well as very fast-growing digital platforms. To kick things off, would you talk a little bit about the operational performance of the business and how you would characterize the first few quarters as a stand-alone public company?

Anand Kini CFO & COO Sure. So we're very pleased as to, kind of, the momentum we have in the business. So a few different fronts. We start -- let's start with the financials. So strong EBITDA. We've grown EBITDA for the first half of the year, very strong margins, generating very healthy free cash flow. So all of the financial metrics that we look at and measure our performance have come in very strong. But I'm very pleased it's not just the financials, which are one snapshot in time, but also more structurally kind of for now and going