Versant Media increased its full-year 2026 revenue forecast to $6.2-6.45 billion and adjusted EBITDA guidance to $1.9-2.05 billion. The company reported second-quarter revenue of $1.64 billion and EPS of $1.49, both above Wall Street estimates, while linear distribution revenue declined 6.3 percent. Shares rose 7.4 percent in premarket trading following the release.