Sometimes the best way to demote someone is to promote them out of harm's way. And so after $23 million in funding and not nearly so much in revenues, NextNewNetworks cofounder and CEO Herb Scannell says he's met with his board and decided to take on a role as chairman of the company. That means the online video production firm — probably best known for its acquired property, "Obama Girl" creators BarelyPolitical — needs a CEO. Again, revenues might help, too, but after sampling the the company's latest above, we don't recommend holding your breath.

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