Cheddar Staffers Reportedly Furloughed After Altice USA’s Sale of Millennial-Targeted News Division
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 […]