Cheddar News Faces Unforeseen Market Challenges, Resulting in Sudden Work Stoppage for Rapid Adjustment
Like other digital media outlets, Cheddar has faced challenges profiting from a declining advertising market. Read more.
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Like other digital media outlets, Cheddar has faced challenges profiting from a declining advertising market. Read more.
While it's not officially confirmed, producers have already starting outlining a second season.
Several employees at the financial news channel Cheddar News were placed on unpaid leave after the company was sold to cable company Altice USA.
The new owners of Cheddar News furloughed staff members citing "unforeseen" circumstances, following the sale of the news division by Altice USA.
The new owners of Cheddar News, once touted as a kind of next-generation financial news network ala CNBC, have furloughed staff members because of “unforeseen” circumstances, the New York Times reported. Cheddar, founded in early 2016, was acquired by cable operator Altice USA in 2019 for $200 million. Last Thursday (Dec. 28), Altice USA said …