NNN, Next New Networks Raise $1 Million Amid Youtube Acquisition

Next New Networks has raised $1 million in debt financing. According to this SEC filing and some big boys are behind the NNN and Ross Levinsohn from Fuse Capital, Bijan Sabet from Spark Capital, Goldman Sachs and Saban Capital Group are listed as investors.
The NNN manages and produces it's own video content as well as managing independent film makers. If the rumors of YouTube acquisition are true, NNN will provide the first inhouse video production facility for YouTube and Google TV.
I guess we need to wait and see if the rumors are true.So we can "Watch and Be Merry"
NNN via TC