BuzzFeed Expat Sees Future TV Channels on Web

Digiday: The collision of the Internet and TV is in full swing, according to former BuzzFeed boss Jon Steinberg, who is launching a streaming business news video service called Cheddar. There are now lots of over-the-top services, from Netflix to Amazon, seeking exclusive content. That means there’s an opportunity to create modern versions of Discovery Networks, he said. “There’s a huge opportunity in creating basically cable television channels, except delivering them over the Internet. We’re going to see happen in television what happened in newspapers.”