Jon Steinberg

Jon Steinberg is an American businessman, who serves as a chief executive officer of international multimedia company Future plc.[1] In early 2016, he founded Cheddar Inc., a new media company covering tech news and culture, and served as its CEO.[2] He is the former president and COO of tech and pop-culture website BuzzFeed.

This article is about the incoming CEO of Future plc and founder of Cheddar Inc. For the producer and screen writer, see Jonathan E. Steinberg. For the professor of history, see Jonathan Steinberg.

Early life

Steinberg's mother, Renee, is a teacher at a New York private School and his father, Richard, is a doctor turned real estate broker.[3] He attended the Collegiate School and was interested in computers from an early age. When he was 15 years old, he was accepted into the Walt Disney Imagineering summer intern program.[4] He graduated with an A.B. from the Woodrow Wilson School of Public and International Affairs at Princeton University in 1999 after completing an 122-page-long senior thesis titled "The New American Citizen: The Potential for the Internet to Re-Engage Americans in Civic and Political Life."[5] He also holds an M.B.A. from Columbia University.[6]

Career

In May 2010, Steinberg joined BuzzFeed while it was still a 15-person company.[7] He played a role in helping develop Buzzfeed's business model, which is rooted in content marketing.[8] Prior to Buzzfeed, Jon was strategic partner development manager on Google’s small medium business partnerships team, executive in residence at Polaris Venture Partners, and founded iBuilding, a commercial real estate software company.

In 2012, Steinberg was named an Ad Age Media Maven.[9] In 2013, he joined the board of Legal Mobile App startup, Shake.[10][11]

In June 2014, Jon became chief executive officer of DailyMail.com North America.[12]

Cheddar

In early 2016, Steinberg founded Cheddar Inc., a new media company covering tech news and culture, and served as its CEO.[2] In September 2016, Cheddar received $10 million in funding from Comcast and other investors.[13]

Cheddar is a live and on-demand video news network, and broadcasts weekdays from the floor of the New York Stock Exchange, NASDAQ Marketsite, and the Flatiron Building. By mid-2016, the company had added a CheddarLife program, and was broadcasting on Facebook Live, Roku and SiriusXM.

In addition to co-hosting the original Cheddar program with business journalist Kristen Scholer, Steinberg sits on the board of Bustle.com and is an advisor to The Skimm and Taboola.

In April 2019, Altice announced that it was acquiring Cheddar for $200 million.[14] Steinberg stayed on as president of the news division.

Future

On Feb 22, 2023, Future plc—publisher of Marie Claire, CinemaBlend, and numerous technology sites including PC Gamer, TechRadar, and Tom's Guide—announced that longtime CEO Zillah Byng-Thorne would step down on April 3, with Steinberg assuming the role of CEO.

Personal life

As of 2013 Steinberg has lived in the Upper East Side of New York City with his wife, Jill, and his children, Cooper and Edie.[6]

References
  1. Sweney, Mark (20 Sep 2022). "Shares in Marie Claire publisher Future plunge as chief announces departure". The Guardian.
  2. Business Insider, "Former BuzzFeed president Jon Steinberg launches Cheddar, a CNBC for millennials, with $3 million in funding" Feb 19, 2016
  3. "Raising Buzzfeed’s Jon Steinberg". Business News Daily. Oct 23, 2013
  4. Startup Grind, "Jon Steinberg of Buzzfeed talks about the Buzz" Jun 24, 2013
  5. Steinberg, Jonathan (1999). "The New American Citizen: The Potential for the Internet to Re-Engage Americans in Civic and Political Life". {{cite journal}}: Cite journal requires |journal= (help)
  6. "on Steinberg". We Are NY Tech. September 12, 2013
  7. Business Insider, "Ex-Googler Jon Steinberg Joins NYC Startup BuzzFeed" May 20, 2010
  8. New Tech City, "Buzzfeed COO Jon Steinberg on Social Marketing" March 19, 2013
  9. "Special Report Media Mavens 2012". Ad Age. Jan 31, 2011
  10. Forbes, "Shake On It: New App Puts Legally Binding Documents At Your Fingertips" Sept 12, 2013
  11. "Lessons For Incubating A Company". Business Insider. September 12, 2013.
  12. "Former BuzzFeed COO Jon Steinberg Named CEO of MailOnline North America". The Hollywood Reporter. 16 June 2014.
  13. Variety, "Comcast Invests in Digital Finance-News Startup Cheddar, Which Banks $10 Million in Funding" Sept 6, 2016
  14. Spangler, Todd (Apr 30, 2019). "Cheddar Acquired by Cable Operator Altice USA for $200 Million". Variety.
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