Cheddar Announces the First Live Business and Headline News Application Available Exclusively on Magic Leap

Cheddar and Magic Leap today announced the first live news application on all Magic Leap One Creator Edition.

Cheddar

Announces the First Live Business and Headline News
Application Available Exclusively on Magic Leap

December 11, 2018 09:15 AM Eastern Standard Time

NEW YORK–(


BUSINESS WIRE

)–Cheddar, the leading post cable networks company, and Magic Leap, the
leader in spatial computing, today announced the first live business and
headline news application on

Magic
Leap One Creator Edition

. The free application is available now for
download in Magic Leap World on-device.

Cheddar’s news networks are available immediately on Magic Leap World as
live video news screens, that can be placed anywhere in the user’s room.
Users will be able to pin a hovering live Cheddar news screen while
performing other work or entertainment activities in the Magic Leap
environment.

“Magic Leap is the leader in spatial computing. No one is even close. We
are excited to bring streaming news to the platform and work closely
with their team in the coming years to define news in this space,” said
Jon Steinberg, founder and CEO of Cheddar.

“Cheddar’s innovative approach to programming & storytelling, coupled
with Magic Leap’s spatial computing technology, will make it possible to
tell more immersive and compelling tales in this new medium. As a fan, I
couldn’t be more excited to have Cheddar now available natively on our
platform,” said Rio Caraeff, Chief Content Officer, Magic Leap.

Over time, the teams will work together on volumetric video broadcasts
available on-demand and live, as well as on esports news coverage via
Cheddar’s “Cheddar Sports.”

About Cheddar

Cheddar is the leading post-cable networks company. Its programming is
available on Sling TV, Hulu, YouTube TV, Snapchat, fuboTV, Philo,
Amazon, Twitch, Twitter, 60% of smart TVs in the U.S., and Facebook.
Cheddar currently broadcasts two live video news networks: Cheddar, a
business news network covering the most innovative executives, founders,
products, and technologies transforming our lives and economy, and
Cheddar Big News, a fast-paced, young, non-partisan general news and
headline news network. The company broadcasts from the trading floor of
the New York Stock Exchange, its street level studio in the glass corner
of the Sprint Store in the Flatiron Building, WeWork in Los Angeles, and
the White House. Cheddar was founded by Jon Steinberg, President and
Chief Operating Officer of BuzzFeed from 2010 to 2014. Its investors
include Lightspeed Venture Partners, Raine Ventures, Goldman Sachs,
Liberty Global, Comcast Ventures, AT&T, Amazon, Antenna Group, Ribbit
Capital, The New York Stock Exchange, Altice USA, 7 Global Capital, and
Dentsu Ventures.

Contacts

Daniel Schneider


Distro@Cheddar.com

Release Summary

Cheddar and Magic Leap today announced the first live news application on all Magic Leap One Creator Edition.

Social Media Profiles

Contacts

Daniel Schneider


Distro@Cheddar.com

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