Video host YouTube today announced that it has acquired Web video production company Next New Networks.
YouTube says the newly bought production team will be on the forefront of testing new YouTube technologies, as well as acting as an incubator for up and coming video talent.
Next New Networks is a new kind of media company. As the leading independent producer of online video networks, we create, brand, market and syndicate some of the Web's most popular programming. We bring together the best elements of TV programming and Internet philosophy to allow viewers to contribute, share and distribute content.
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