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Finance & Markets

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

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. The owner of MS NOW, CNBC and USA said net income […]

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

We haven't written up this one. Variety has the full story — the link below goes straight to it.

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China tests wave-piercing stealth trimaran as unconventional naval fleet grows

China appears to be testing a stealthy new trimaran at sea, according to a photograph circulating on social media, in what could be a further effort to develop unconventional naval platforms. The image first emerged on Weibo on Sunday and appears to show a vessel featuring an inverted wave-piercing bow, three-hull design and angular…

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