YouTube have purchases Next New Networks to assist contributors in editing and creating video content for publication.
Next New Networks is a new laboratory idea to help Youtube users have more creative freedom and the team will be working with a wide variety of content partners and emerging talent to help them succeed on YouTube.
The Google owned Youtube said “2010 was a big year for content creators on YouTube. Our Partner Program grew to over 15,000 partners worldwide; presidential parodies and clever online-only ads became viral sensations; “annoying” but lovable fruits and unassuming Alabamans transformed uncomfortable situations into triumphant social memes. What became clearer than ever was the YouTube community’s ability to constantly bring new entertainment and experiences into the mainstream. And, many of our partners were making enough money doing what they love to buy a new house, or even make a career out of their videos. In fact, the number of partners making over $1,000 a month is up 300% since the beginning of 2010 and we now have hundreds of partners making six figures a year. But frankly, “hundreds” making a living on YouTube isn’t enough and in 2011 we know we can and should do more to help our partners grow.
YouTube will be setting up a new team, called YouTube Next, which will be focused on helping create development and partner growth.
KitGuru says: No information on the cost of the takeover have been released.