Next New Networks Names Lance D. Podell as Chief Executive Officer

Press Release, September 16, 2008

NEW YORK, New York – September 16, 2008 – Next New Networks, the new media company creating micro-television networks on the Internet, including Barely Political, Fast Lane Daily, ThreadBanger and Indy Mogul, announced today the appointment of Lance Podell as Chief Executive Officer overseeing day to day management of the growing company.
Podell brings over 20 years of executive experience as well as marketing and advertising expertise to Next New Networks. Most recently, Podell spent five years as Chief Executive Officer of Seevast Corporation, an operator of marketing services companies offering search engine marketing, content-targeted “sponsored links” for the Web’s top properties and Vertical Ad Networks for CBS and MSNBC. While at Seevast, Podell built the company into a $100M+ business across its lines of operations. He is responsible for multiple innovations including the first sponsored links ad network to run on content pages, and in email, RSS, and video. Prior to Seevast, Lance headed the Sprinks unit of About.com, which he launched and built it into a prosperous unit of the company that was sold to Google under his leadership. Additionally, he has held numerous marketing positions including the Chief Marketing Officer role at DealTime (Shopping.com). Podell began his career in advertising and publishing at such esteemed places as Chiat Day, Time Inc and Ogilvy and Mather
“Lance Podell is a seasoned executive with web business expertise and leadership skills that will be integral to the future of Next New Networks’ corporate strategy,” said Herb Scannell, Chairman, Next New Networks. “He’s built businesses from the ground up and been in the web business since its most formative years. He’s seen and participated in the growth of emerging markets and will be an asset as we continue to establish ourselves as leaders in online television super-distribution and related advertising.  We are excited to have Lance on board to lead the next phase of Next New Networks’ growth.”
“Next New Networks is the innovator and trailblazer in online television programming. As an entrepreneur I couldn’t resist the next big frontier on the internet and the opportunity to work with the talented team they’ve put together,” said Lance Podell, CEO, Next New Networks. “I’ve been fortunate to lead companies that pioneered online city guides, comparison shopping, and search and content-targeted advertising.  The opportunity to marry the quality and creativity of the Next New Networks product with my content and advertising background positions us well for the future. Plus, this one’s going to be a lot of fun as television is being reinvented by companies like ours on the internet.”
Next New Networks received $23M in funding from leading investors including, Velocity Interactive Group, Spark Capital, Goldman Sachs and the Saban Media Group
“We are pleased to announce the appointment of Lance Podell as CEO of Next New Networks,” said Jonathan Miller, Partner, Velocity Interactive Group. “He’s got a great skill set and experience in taking companies to the next level on the internet. With Herb staying on as Chairman, this will be a very media-savvy company that taps traditional and new media expertise as it builds a robust business in an emerging and dynamic marketplace.”
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