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MyDamnChannel Launches; Gets Funding

By Rafat Ali - Tue 31 Jul 2007 08:42 AM PST

Another day, another Hollywood exec claiming old media doesn’t get it, and they’ll show them how. In the line of FunnyOrDie, NextNew, 60Frames (and each would call me and tell me how different they are from each others...nuances), MyDamnChannel has launched, and has also received an undisclosed amount of funding. The first round was led by Okapi Venture Capital. The site has been launched by former MTV and CBS Radio executive Rob Barnett, and comedian Harry Shearer, filmmaker David Wain and music producer Don Was, are among the artists tryign to find their “creative freedom” on the site. Ad-supported, and 50:50 rev share. You know the rest of the story...read more here.

Posted in: Social Media, Video Sharing, VC+M&A



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