National Lampoon (AMEX:NLN) Forms Broadband Video Network
Humor conglomerate National Lampoon Inc. (AMEX: NLN) announced the formation of a new broadband video network today, edging their stock slightly up. This network - which will be named, predictably enough, the National Lampoon Video Network - will premier with a number of other Internet-based video content providers."The news of these partnerships will significantly increase National Lampoon's reach on the Web, providing the National Lampoon brand of sophomoric college comedy to more people in more places than ever before," the release stated. In addition, the company stated that the new network will provide National Lampoon advertisers with more platforms to…