NEXT NEW NETWORKS AND VERIZON have started a website for bands and film makers who no one has heard of can meet up to create cheap music videos which few will watch.
Next New Networks will stream selected low-budget productions at 99dollarmusicvideos.com with support from sponsor Verizon.
People behind the network include MTV's original creative director Fred Seibert and Felicia Williams, a former entertainment content manager at Youtube. µ
L'Inq
$99 Music Videos

"People behind the network include MTV's original creative director Fred Seibert and Felicia Williams, a former entertainment content manager at Youtube"
Another bunch of execs get together and try to reinvent youtube, give it some MTF "Flava", and commercial backing. Hoping to cash in on the youth-internet mega-cash bonanza. If the numbers look good, can I have some insider shares please! ;-)
The Inq - thanks for sorting out the comment paragraph thing, eventually ;-)