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YouTube Next Lab and Audience Development Group

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YouTube Next Lab and Audience Development Group
Headquarters,
Websitewww.nextnewnetworks.com

The YouTube Next Lab and Audience Development Group, founded originally as Next New Networks is a web television company based in New York City, New York, that was launched in March 2007 by Fred Seibert, Herb Scannell, Emil Rensing, Timothy Shey and Jed Simmons with $8 million in funding from investors including Spark Capital[1]. The company is the home to online television networks Barely Political, Channel Frederator, Fast Lane Daily, and Indy Mogul, among others. Next Next Network's first creative hire was filmmaker Justin Johnson[2][original research?].

In November 2010, the company was selected to create and launch an original daily series for AOL's homepage, "The One," as part of AOL's new video strategy.[3][4]

On March 7, 2011, YouTube bought Next New Networks for less than $50 million.[5]

See also

References