Bruce Tuchman Invests in Comedy SVOD Service NextUp

Bruce Tuchman, the former president of AMC Global and Sundance Channel Global, has taken an investment position in NextUp, a stand-up comedy SVOD service, and will serve as a senior advisor.

NextUp’s latest investment-round size has doubled and is currently overfunding at 111 percent via the online equity investing platform SyndicateRoom.

Alongside Tuchman and a raft of other experienced investors, venture capital firm Velocity, which previously invested in the service, has reinvested and appointed the founder of BMB Marketing Agency, Bil Bungay, to sit on the board.

Tuchman said: “The team at NextUp are experts in their field with huge amounts of collective experience, as well as drive and ambition. I’m looking forward to helping them maximize their distribution channels so they can grow rapidly and dominate the comedy vertical.”

NextUp’s managing director and co-founder, Daniel Berg, added: “We’re very pleased with the success of this latest funding round, which will really help push the business to its next level of growth. We are also delighted to have Bruce on-board. We showcase an unparalleled variety of live comedy shows and with his experience, connections and insight, we can start to distribute them further than ever and grow into the worldwide home of stand-up comedy whilst supporting acts, venues and everyone in-between.”