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New Form Digital
New Form is developing original series and investing in digital content
About New Form Digital
New Form Digital was a digital entertainment studio established in 2014 with backing from notable figures like Ron Howard and Brian Grazer, alongside Discovery Communications. The company was managed by CEO Kathleen Grace, a seasoned creator and executive in the online video space with experience from YouTube and Next New Networks, and COO JC Cangilla. Grace's background as a creator of web series like "The Burg" positioned her to lead a studio focused on empowering emerging filmmakers from platforms like YouTube.
The studio's core business was the development, packaging, and distribution of original, scripted narratives for digital platforms, targeting millennial audiences. New Form's business model centered on producing premium video content by collaborating with digital talent who had established fan bases. The company utilized a data-driven strategy to inform its content decisions, analyzing social stats and engagement rates to identify promising creators and concepts. This approach involved creating short films through an "incubator slate" which served as pilots; successful shorts were then developed into full series for distribution partners. Over its operational years, the studio produced over 30 original series, selling projects to various platforms including TBS, go90, Freeform, and YouTube Red. Notable productions include "Final Space," "Mr. Student Body President," and "Oscar's Hotel for Fantastical Creatures."
The company's journey included securing investments from entities like ITV, which also acquired distribution rights for its content. In a significant milestone, New Form Digital was acquired by Whistle, a global sports and entertainment media brand, in January 2019. The acquisition aimed to combine New Form's scripted content expertise with Whistle's large audience and creator network, allowing for the expansion of successful short-form franchises into long-form intellectual property. Following the acquisition, Kathleen Grace and the creative team were set to continue leading the production and development slate under Whistle's leadership.
Source: Dealroom company dataAt a glance
- Status
- Acquired
- Founded
- 2014
- Headquarters
- Santa Monica, United States
- Employees
- 7
- Open positions
- None listed
- Dealroom signal
- 35.5/100
- Industry
- Media
- Sub-industry
- Content production
- Sector
- Consumer Services, Digital Entertainment, Entertainment, Content Management, Investing
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITION✓Exit | Feb 2019 | — | — | Whistle Sports | — |
| SERIES B✓Equity / VC | Dec 2016 | $18M | $72M | Discovery Communications · ITV | — |
Growth signals
Latest recorded traffic for New Form Digital is 0 monthly website visits. New Form Digital's team declined 36.4% over the past year.
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A2 investors entered at this stage
Discovery Communications
ITV
Other known investors1 additional known investor
Whistle Sports
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about New Form Digital on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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