Cheddar’s Steinberg talks about sale to Altice
Cheddar founder Jon Steinberg spoke with Cynthia Littleton of Variety about why he sold the business news network to Altice for $200 million. Littleton writes, “Cheddar went through a similar process since its founding in 2016. In April, cable operator Altice USA brought the company for $200 million, after having invested in the company early […]
The Information hires Cheddar’s Heath
The Information editor in chief Jessica Lessin sent out the following announcement on Monday: Dear Team, We are thrilled to announce that Alex Heath will be joining us later this month to cover Facebook and Alphabet, turbocharging our coverage of these important companies at a critical time At Cheddar, Alex has consistently broken big industry news—from Facebook […]
Biz news network Cheddar is sold for $200 million
Cable operator Altice USA Inc. agreed to acquire streaming video network Cheddar Inc. for $200 million, a deal that is expected to raise the profile of the company’s news division. Benjamian Mullin and Lillian Rizzo of The Wall Street Journal reported, “Jon Steinberg, the founder and chief executive of Cheddar, will become president of Altice […]
Cheddar CEO Steinberg: We will be profitable this year
Jon Steinberg, the CEO of business news network Cheddar, talked to the New York Post’s Keith Kelly about its continued expansion. Kelly writes, “Steinberg launched Cheddar two and a half years ago after he raised $50 million from private equity firms. “Since launch, he said he’s spent about $10 million on acquisitions, $5 million in capital costs […]
Cheddar strikes content deal with Medium
Cheddar announced a new partnership Thursday to publish exclusive stories on the Medium platform. Medium will compensate Cheddar based on its reader engagement. Cheddar’s reporting will concentrate on scoops, features, exclusive interviews, and analysis on social media, advertising, entertainment, fintech and cannabis companies. The Cheddar reporting team that will contribute to Medium includes senior reporter […]
Cheddar seeks a senior news editor
Cheddar is looking to hire a creative and experienced Senior News Editor to help our small team of journalists develop business news content that will complement our growing news networks and grow our digital audience. A successful candidate will have a strong pedigree in covering Wall Street and Silicon Valley and experience translating complicated financial […]
Cheddar adding interview series with NYSE
Business news channel Cheddar announced Wednesday that it was adding an interview series with the New York Stock Exchange where former Bloomberg Television anchor Betty Liu will interview business leaders. The interviews, called “SL[ICE],” will run on Wednesdays and air between 8 a.m. and 10 a.m. during Cheddar’s morning show. In a statement, Liu said that the […]
Cheddar to launch evening shows next month
The streaming business news network Cheddar is launching an evening block of entertainment-focused programming Feb. 4, featuring a slate of acquired shows, writes Alex Weprin of Digital News Daily. Weprin writes, “The company will launch the block with three shows, and Cheddar founder-CEO Jon Steinberg says the company is actively looking for more to bring to the […]
Cheddar now on all OTT subscription services, prepping primetime
Business news channel Cheddar is launching its live-streaming news networks on Sony’s PlayStation Vue, making it the first content provider to span all over-the-top subscription services in the U.S., reports Todd Spangler of Variety. Spangler writes, “As part of Cheddar’s push to bring in more revenue with the expanded distribution footprint, the company will launch a block of primetime programming […]
Cheddar seeks reporters for various beats
Cheddar is seeking reporters to cover transportation, gaming/esports, cannabis, retail/e-commerce, and big tech. The ability to cover these areas through the lens of their dominant players — whether it be Amazon’s reshaping of the retail sector or Tesla’s impact on other car makers — is a must. The ideal candidate has a proven track record […]
