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Home / Business / Altice USA buys the Streaming-Video Network Cheddar for $ 200 million

Altice USA buys the Streaming-Video Network Cheddar for $ 200 million



Cable operator Altice USA Inc. agreed to acquire the streaming video network Cheddar Inc. for $ 200 million, an all-cash deal expected to increase the profile of the company's news sharing.

Jon Steinberg, the founder and CEO of Cheddar, will become president of Altice News, a unit that will include Cheddar as well as Altice's News 12 channel and i24News, a current network network.

Mr ….


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