Versant reports Q1 revenue down ~1% to $1.69B, net income down 22% to $286M, pay-TV distributor revenue down 7.3% to 1.01B, and platforms revenue up 9% to $192M... (opens in new tab)

Isabella Simonetti / Wall Street Journal: Versant reports Q1 revenue down ~1% to $1.69B, net income down 22% to $286M, pay-TV distributor revenue down 7.3% to 1.01B, and platforms revenue up 9% to $192M — Company beats Wall Street expectations in its second earnings report since Comcast spinoff — Versant Media Group reported lower revenue …