Versant turns Fandango ticketing app into a streaming service

Versant Media, spun out from Comcast, is transitioning its Fandango movie-ticketing app into a streaming service, CEO Mark Lazarus told investors in the company's Q2 2026 earnings report on 6 August. The shift supports Lazarus's target of a 50-50 split between pay-TV revenue and other businesses as linear distribution revenue fell to $954 million.