“Next New Networks is a new kind of media company, creating micro-television networks over the internet for targeted communities, bringing together elements of tv programming and internet philosophy to allow viewers to contribute, share and distribute content.
Our aim is to be of the communities, as each network is populated by key creative people of the audiences they serve. In other words, we want our networks to go where the audiences that share an interest are, whether it’s their blog, a friend’s profile page, or wherever they go regularly to find more of the things they love.
Our focus is broad. In making 101 networks, we’re looking to reach a variety of audiences from young adults to baby boomers and people with a fairly diverse range of interests.
We’re looking to be available everywhere, from phones to iPods and gaming devices, to whatever the next platform is.”
(Source : http://www.nextnewnetworks.com)
Financials
| Date | Type | Amount | Investors | Valuation |
|---|---|---|---|---|
| 01/01/07 | Seed | 8M | Spark Capital, Saban Media Group, Pacific I&T Ventures, Pilot Group | Unknown |
| 03/01/08 | Series B | 15M | Goldman Sachs, Spark Capital, Saban Media Group, Pilot Group, Bob Pittman, Velocity Interactive Group | Unknown |