Tuesday, April 30, 2019

Altice USA buys digital news network Cheddar for $200M



Cable television provider Altice USA has confirmed plans to pay $200 million for the millennial-focused, digitally-native news network Cheddar in all-cash, or all-cheddar, rather, deal. The price tag comes at a 25 percent premium to the media startup’s $160 million Series D valuation.

from Pocket https://techcrunch.com/2019/04/30/altice-usa-buys-digital-news-network-cheddar-for-200m/
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