NNN Gets Mo’ Money

Tilzy has a nice post on NextNewNetworks influx of cash ($15M from Goldman Sachs and Velocity Interactive Group).  “The risk that so scares Hollywood executives is amortized: new media studios like NNN will thrive by finding and serving modest sized audiences, not by pandering to the lowest common denominator (aka creating hits), but by creating and experimenting. “Tilzy also has links to other relevant coverage.  I’ve yet to find an NNN site that really thrills me but they’ve done a nice job showing how niche content can be a sustainable business model. 

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