From Quiver Quantitative:

Cheddar News, a popular financial news streaming service, has been sold to Archetype by Altice USA. The terms of the sale were not disclosed. Altice USA president believes Archetype is the right entity to elevate Cheddar News to new heights. The sale aligns with Altice USA’s decision to focus on its core businesses in telecommunications, advanced advertising, and local news. The move potentially offers Cheddar increased reach and influence through Archetype’s diverse media portfolio. This sale showcases the ongoing transformations within the media industry as companies adapt to evolving consumer preferences and technological advancements. Market overview, key points, and relevant tickers mentioned.



Read more: Cheddar News Joins Archetype’s Portfolio in Strategic Media Shift