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Ad Age Ad Lib

Oct 4, 2018

After a five-year stint at BuzzFeed and a brief run as the CEO of the last thing you would probably think to do is start a TV network. From scratch. Yet that’s precisely what Jon Steinberg did. The former President and COO of BuzzFeed launched Cheddar Inc in 2016, a new media company with the initial goal of becoming the CNBC for millennials. Two and half years in, Cheddar is a bona fide media concern, a live and on demand video news network that broadcasts weekdays from the floor of the New York Stock Exchange, NASDAQ Marketsite, and the Flatiron Building in New York alone. Steinberg joins us to discuss the Cheddar business model, skinny bundles, the future of over-the-top streaming video and where he goes from here.