Fierce 15 Online Video Movers and Shakers: Next New Networks

Next New Networks
Founded: Jan. 2007
Location: New York City, New York
Investors: Goldman Sachs, Spark Capital, Velocity Interactive
www.nextnewnetworks.com 

The editors couldn't quite figure out where to put this play. Next New Networks is part content-creation play, part social-networking mantra, and part portal-style aggregation. It is nurturing content development like Mevio, but is doing so in the form of targeted unique channel development, rather than the "If they show up, we will sign them and see what happens." 

The lead claim to fame for Next New is BarelyPolitical.com, the birthplace for "Obama Girl" and other biting satirical political shorts. In total, Next New has 16 website "channels" and has collected $23 million in venture capital for further development of existing properties and to build new ones.

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