Next New Networks, Inc.
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Next New Networks, Inc. - overview
Established
2006
Location
New York, NY, US
Primary Industry
Internet
About
Next New Networks, Inc. focuses on providing innovative digital media solutions to enhance video content distribution and engagement across platforms like YouTube, empowering creators and brands to optimize their digital presence. Next New Networks, Inc. was founded in 2006 in New York, US, specializing in digital media solutions.
In March 2011, the company was acquired by YouTube, a portfolio company of Sequoia Capital. The firm has completed five investment deals, with its latest funding round being VENTURE DEBT, amounting to USD 1. 000 mn from investors including Fuse Capital, Goldman Sachs Merchant Banking Division, Saban Capital Group, and Spark Capital. The total amount raised by the company is USD 3.
000 mn. Next New Networks specializes in innovative digital media solutions, primarily enhancing video content distribution and engagement on platforms such as YouTube. Their services include content creation, audience development, and monetization strategies aimed at helping creators and brands maximize their reach and revenue. The company serves independent creators, small businesses, and larger media firms, utilizing advanced analytics and audience targeting to connect effectively with target demographics across North America, Europe, and parts of Asia.
Next New Networks generates revenue through a multifaceted transaction structure, including partnerships and direct-to-consumer engagements. Its revenue model is based on subscription services, with varying tiers that offer content support, analytics, and monetization tools. The company also engages in revenue-sharing agreements with content creators and brands, taking a percentage of the ad revenues generated through its managed video content, thus creating a collaborative ecosystem that drives value for all parties involved. Looking forward, Next New Networks plans to launch several new products designed to enhance user engagement and improve content performance.
Specific details regarding release dates have not been disclosed. The company aims to expand into additional markets in Asia and Europe by the end of 2012, leveraging recent funding from their VENTURE DEBT round to support these initiatives. The most recent deal in March 2011 underlines their growth strategy following their acquisition by YouTube.
Current Investors
YouTube, Spark Capital, Fuse Capital
Primary Industry
Internet
Sub Industries
Recreational & Entertainment Facilities, Internet, Media
Website
www.nextnewnetworks.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Next New Networks, Inc. - employee data
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.