Versant Sells SportsEngine to Playmetrics

By Brian Steinberg

Brian Steinberg

Senior TV Editor

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Versant, the media company recently spun off from NBCUniversal, has sold the assets of SportsEngine to Playmetrics, part of a strategy to refine its holdings and focus more closely on different types of assets.

Financial terms of the transaction were not revealed,.

SportsEngine provides technology and services tied to team and tournament management of youth sports. Versant, which owns cable outlets including MS NOW, CNBC and USA, is honing in on properties related to business news and personal finance; political news and opinion; golf; and sports and genre entertainment.

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