Building on this new media success, in 2007 Seibert conceived and founded Next New Networks (with Emil Rensing, Herb Scannell, Tim Shey, and Jed Simmons), the leading online television company, with over 2 billion all time video views and over 200 million views every month (as of 2010). Along with their affiliated "Indy Mogul", "Barely Political", "Channel Frederator" and several other networks, the company's superdistribution has allowed it to become among the most widely distributed video in the world, and to become YouTube's top professional content provider. By the end of 2010, Next New Networks had the globe's top two videos viewed on YouTube. In March 2011, Next New Networks was acquired by YouTube.