Mark Lazarus. (Photo by Frederick M. Brown/Getty Images)
Last Tuesday, Versant quietly filed a registration statement with the U.S. Securities and Exchange Commission, marking an important step toward its upcoming spin-off from Comcast in the weeks ahead. The document, which went unnoticed but is required for Versant to register for trading on the NASDAQ, contained the expected array of operational details, including plans for transferring employee health benefits, managing personnel records, and sorting out other administrative handoffs that come with separating from its long-time parent company.
But within the more than 200 pages were several standout disclosures. The filing revealed compensation information for chief executive Mark Lazarus and his top lieutenants, laid out a clearer picture of the business and competitive challenges Versant anticipates once it is fully independent, and included financial performance data covering the past three years—all of which offer a look at the company’s affairs as it prepares to sail across the ocean alone in a new, albeit smaller, vessel.
According to the filing, Lazarus, the veteran NBCUniversal executive tapped to lead the company, will be awarded a base salary of…
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The Fox News building in Manhattan. (Photo by Michael M. Santiago/Getty Images)
Fox’s Off-Air Face: Fox News hosts and executives are once again being exposed for their private views that contradict what they were promoting on the air. The latest revelations come from the Smartmatic lawsuit, showing the right-wing network’s biggest stars trashed Donald Trump and his bogus claims of election fraud behind the scenes while breathlessly amplifying them to millions. In the wake of the 2020 vote, Tucker Carlson privately skewered Trump as a…
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