Spark Capital’s Next New Networks lays off 7

Next New Networks, a Spark Capital portfolio company, plans to lay off seven workers, according to PaidContent.org.   

The web video company, which produces comedy, fashion, celebrity gossip and other kinds of web-based TV shows, lost the political blog Talking Points Memo as a client last year.

At the beginning of the year, MHT wrote about the NYC-based media startups pulling VC dollars from New England firms like Flybridge and Spark.

Posted by Brendan Lynch

Tags: New York, Next New Networks, Spark Capital

This entry was posted on Thursday, July 16th, 2009 at 9:59 am and is filed under Financial Services, IT, Internet, Massachusetts, Software, Startups. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.