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Versant’s IPO Isn’t a Comeback Story — It’s Comcast Drawing a Line Around Cable’s Future

**Versant stock just hit the market — and Wall Street’s reaction says a lot about where cable TV is headed.** Let’s get this out of the way: **Versant (NASDAQ: VSNT)** isn’t a “new” media company so much as Comcast finally admitting the obvious — its cable networks are no longer the growth engine they used…
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