Next New Networks raises $15M more for video channels

Next New Networks raises $15M more for video channels

Next New Networks, the company that publishes thematic channels of video online, including Barely Political (which features Obama-cheering Obama Girl), has raised more capital to keep expanding.

It has taken $15 million more from Velocity Interactive and Goldman Sachs, we’ve just learned. This adds to the… Continue Reading

Next New Networks enters politics, buys BarelyPolitical

Next New Networks enters politics, buys BarelyPolitical

Next New Networks, a new company launching targeted online TV channels, has acquired BarelyPolitical.com, creator of the viral video show, Obama Girl.

The amount was undisclosed, but this is NNN’s way of entering the political comedy show business at a time when the coming U.S. elections… Continue Reading

Web 2.0 bubble bursting: Peerflix cuts workforce, carnage mounting elsewhere

Web 2.0 bubble bursting: Peerflix cuts workforce, carnage mounting elsewhere

This year has become the “show-me” year. Internet start-ups showing no traction are getting shut down, or trimmed — abandoned by once wide-eyed investors.

The Web 2.0 bubble is bursting, but VentureBeat agrees with others that this is more like an “oozing.” New, innovative companies… Continue Reading

Next New Networks gets funding — for another niche video play

Next New Networks gets funding — for another niche video play

Next New Networks is the latest company to launch a niche content strategy — this time, online TV sites tailored to specific themes.

The New York company has received $8 million in a first round of funding from Spark Capital, an East Coast venture capital firm… Continue Reading