Yesterday, it was announced that YouTube/Google had acquired Next New Networks. While this may not be of huge interest to those of you who tend to skip the business pages, it is nonetheless significant and will likely have some bearing on entertainment for years to come.
The reason is outlined in Fred Seibert (the co-founder of NNN) in his blog post announcing the sale. In it, he draws a lot of similarities between the current state of internet broadcasting and the fledgling cable networks back in the early 80s.
The similarities are, in fact, eerily similar. Back then, no-one really know how to make money, the established players were (extremely) wary of the new medium and the content that’s being offered wasn’t all that great (at least back then it wasn’t).
What does all of this have to do with animation? The answer is plain to see. Without cable, it is highly unlikely (impossible even) that we would have seen the explosion in animation that we saw with the three original Nicktoons, followed by the proliferation of creator-driven shows with (I suppose) a bump in animation at the movies too.
The originial Nicktoons didn’t come around for about 10 years after MTV. The reason for this was basically the lack of cable customers, which has a direct effect on the revenue of a network and as we all know, animation ain’t cheap.
Fast forward to today, and there exists a similar situation. People are embracing the internet but overall penetration is still way below cable, content will be king even more so than in cable and last but not least, even more money will be made by those who get it right.
Next New Networks may not be focused solely on animation (although it does broadcast Channel Frederator) but I think it is extremely likely that within 10 years, we will see a channel devoted solely to animation. Joe Murray is off to a great, early start with KaboingTV, which launches next month.
As the optimistic type, I think animation will continue to be a part of the entertainment landscape long after Comcast has been de-throned.