Versant

Pacific Retail Capital Partners and Conversant Capital have formed a joint venture to acquire a mall in Ventura, California. The deal signals continued investor interest in repositioning regional shopping centres, with Pacific Retail known for taking over struggling malls and redeveloping them. Details on the purchase price and the partners' plans for the property were not disclosed in the initial reports.

Versant and Verizon have reached a multi-year distribution agreement, securing carriage of Versant's networks on Verizon's platforms. The deal ensures viewers can continue accessing Versant's channels through Verizon services, and it marks a notable business step for Versant as it establishes itself in the pay-TV market. Terms of the agreement, including financial details, have not been disclosed.