Altice USA to acquire millennial news streamer Cheddar for US$200m

Altice USA is to acquire millennial-focused digital news company Cheddar for US$200 million. The US arm of Patrick Drahi’s international cable and telecom group said the acquisition would broaden its portfolio of high-quality news businesses. The deal is expected to close in the next two months subject to regulatory approval. Altice USA was one of […]

Cheddar to launch Warren Buffet series for kids

US cable financial news network Cheddar and Genius Brands International are set to launch Warren Buffett’s Secret Millionaires Club, a kids’ series that will be made available across Cheddar’s OTT partners. The 26 half-hour episodes will be made available across Cheddar’s partners Sling TV, Hulu, YouTube TV, Philo and fuboTV. It will continue the series throughout […]

Cheddar joins YouTube TV line-up

Millennial-focused business news network, Cheddar, has joined YouTube TV’s channel line-up in the US. Cheddar and sister channel Cheddar Big News – a live general news network – both premiered on YouTube’s over-the-top subscription TV service yesterday. “I am ecstatic that YouTube TV has added Cheddar to its base bundle line-up, and YouTube TV is […]

Cheddar raises US$22m from Liberty Global, Antenna and others

Millennial-focused digital news service, Cheddar, has raised US$22 million in funding, with Liberty Global and Antenna Group coming on board as new investors. The US-based ‘post-cable network’ said it would use the cash to strengthen its balance sheet and to move into “Europe and beyond”. “We own all of our IP and now is the […]

Vimeo adds finance-focused SVoD news service

Online video portal Vimeo is adding subscription-based business, media and cultural news service Cheddar to its offering. The deal means that Cheddar will be able to distribute its service via Vimeo, with its base of over 280 million monthly users, and build an audience with Vimeo-based mobile and TV apps. Cheddar launched a few weeks […]