Cheddar furloughs some of its workers
The financial news network Cheddar placed some of its employees on unpaid leave on Tuesday, reports Benjamin Mullin of The New York Times. Mullin reports, “The news network put the affected workers on furlough, effective immediately, and barred employees from further work, according to an email sent to the employees. “‘We would like to have given […]
Cheddar News sold to Archetype for undisclosed amount
Cheddar News-owner Altice USA announced Thursday it has sold the financial news streaming service to the media company Archetype, which is owned by private equity firm Regent LP, reports Drew Richardson and Alex Sherman of CNBC. Richardson and Sherman report, “Terms of the deal were not officially disclosed, but a person familiar with the matter told CNBC it is […]
Altice in talks to sell Cheddar News to private equity firm
Altice USA is in talks to sell the financial news streaming service Cheddar News to Los Angeles-based private equity firm Regent LP, reports Alex Sherman of CNBC. Sherman reports, “No deal is assured and discussions around structure are still fluid, said the people, who asked not to be named because the talks are private. “In one iteration […]
Cheddar News is for sale by Altice
Cable company Altice USA is weighing a potential sale of Cheddar News, the news network once billed as “CNBC for millennials,” less than five years after buying the company, report Lauren Hirsch and Ben Mullin of The New York Times. Hirsch and Mullin write, “Altice USA has hired Goldman Sachs to help explore strategic alternatives […]
Cheddar makes 12 layoffs, including anchors
The embattled network Cheddar News cut a series of jobs on Thursday, resulting in the ouster of at least two senior anchors and numerous other producers and back-office staff, reports Reed Alexander of Insider. Alexander writes, “The latest round of cuts — which amounted to approximately a dozen jobs, according to two people with knowledge of the […]
Morning Brew hires Mueller as supervising producer
Morning Brew has hired Carl Mueller as a supervising producer for its video efforts. Mueller spent nearly six years at Cheddar as director of on demand video, growing its YouTube subscribers to more than 950,000. He was also executive producer for multiple shows. He also worked as one of the original members of Business Insider’s Insider initiative, […]
Cheddar hires Jardine as a producer
Kayla Jardine has joined Cheddar as a producer. Recently, she was a NEO Studios executive producer, Snapchat for The Wall Street Journal. Jardine was also a producer at CBS Interactive and Yahoo News. She also worked at NBC News and interned at CBS. She contributed to Elite Daily. Jardine has a B.S. from Wagner College. […]
Cheddar founder Steinberg hired as CEO of Kiplinger parent
Jon Steinberg, who launched Cheddar News in 2016, has been hired as chief executive officer of Future Publishing, the parent of Kiplinger. He will start ion April 3 and will succeed Zillah Byng-Thorne, who announced her intention to step down last September. She will remain available to support Steinberg over a two-month transition period. Most […]
Cheddar struggling to find the right strategy
Cheddar News, which was founded in 2016 and described as business news for millennials, has struggled under owner Altice to find the right strategy to attract viewers, reports Reed Alexander and Elaine Low of Insider. Alexander and Low report, “Most company sources requested anonymity for fear of reprisal from Altice, but their identities are known to Insider. Collectively, they […]
Cheddar hires Bennatan from Fox News to be a reporter
Cheddar has hired Lisa Bennatan from Fox News, where she was an associate producer/writer, to be an on-air reporter. Previously, Bennatan was a video journalist at The Daily Caller, which she joined in 2020 as a fellow. She was also an on-air host at Bleav Podcast Network. Earlier, she interned at CNN, NBCUniversal Media, Fidelity Investments and CBS Radio. […]
