Versant Raises 2026 Revenue Outlook to $6.45 Billion as Digital Growth Offsets Pay TV Decline
Updated
Updated · Quartz · Aug 6
Versant Raises 2026 Revenue Outlook to $6.45 Billion as Digital Growth Offsets Pay TV Decline
3 articles · Updated · Quartz · Aug 6
Summary
Versant now expects 2026 revenue of $6.2 billion to $6.45 billion and adjusted EBITDA of $1.9 billion to $2.05 billion, lifting its full-year outlook on Thursday.
Digital platform growth underpinned the increase, helping cushion a continued decline in pay TV revenue as the company shifts its mix.
Free cash flow guidance was unchanged at $1.0 billion to $1.2 billion, signaling Versant still expects solid cash generation alongside the higher sales and profit targets.
Earlier reports said shares jumped more than 13% after the guidance increase, with momentum in digital brands, advertising and acquisitions supporting the broader diversification push.