Tuesday June 18, 2019

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YouTube Buys Next New Networks

Yesterday YouTube announced that it has purchased NY based Next New Networks, a network of videos from both in house and by independent filmmakers (it has received 2 billion views since launch). YouTube plans on using Next New Networks as an incubator for a new class of semiprofessional videographers who will make a living from advertising generated by their online videos.

Company Town (Los Angeles Times)