Friday, February 11, 2011

Google Acquisition Next New Networks - Is all content will be owned by Youtube?

Next New Networks, founded in 2006 claiming that they are the site "the leading provider of original entertainment programming for the Internet. With the two most-viewed videos of 2010,"And he Wall Street Journal, in May, Google will acquire the Next New Networks. All content will be owned by Google's Video Site, Youtube ? Google is already for that.

Google and Next New Networks will work together to promote their content by using Youtube. It aims to produce a significant amount of revenue from advertising. Next New Networks has won an award Barely Political, Indy Mogul, the film-making network for the YouTube Generation, Channel Frederator, featuring the cartoons of over 1.000 Creators, food network for the people Hungry Nation, car news network Fast Lane Daily, and Comedy Thunder , an all-new sketch comedy network.

Jessica E. Vascellaro and Amir Efrati wrote with respect to dollar amounts and timing, "Google Inc. is in late-stage talks to acquire the video site Next New Networks Inc., According to people familiar with the matter. A deal Could be unveiled in the coming week , these people added.

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