News: Comedy Video Service NextUp Goes Public

NextUp, the grassroots stand-up comedy video service, have gone ‘public’ by allowing comedy fans to own a stake in the business via their recently launched crowd-equity campaign.

Founded by the team behind YouTube channel ComComedy, NextUp strives to be more than just a subscription video platform by supporting comedians in numerous ways including a Spotify-style revenue share, free rehearsal space and funding for community projects such as the Care Home Tour.

Dan Berg, one of the founders of NextUp says “Since launching in late 2016, we’ve been overwhelmed by the reaction from both performers and comedy fans. So we’re really excited to give everyone the chance to be part of NextUp and own a real stake in the company. These new funds will help us grow the business by increasing our marketing and filming more great comedy shows, whilst continuing to be a force for good in the industry.

NextUp’s campaign launched today and is already 64% percent funded at the time of release. Current investors include the former President of MGM Worldwide Bruce Tuchman among a raft of experienced angel investors.

The minimum investment amount is £10. More info can be found here.


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