I cornered Sean Percival at a Venture Capital event put on by docstoc and asked him about what he’s working on in the Real Time Web.

Most adults can’t stand and don’t get why a squeaky voiced adolescent is the most subscribed Youtube channel of all time but children who watch YouTube love hyperactive web video character know as Fred.

Who is Fred?

Well, I was lucky enough to catch up with Lucas Cruikshank the 15-year-old actor/creator Creator and alter-ego of “Fred” at the NewTeeVee Live conference and interviewed him on my handy dandy digital video Flip camera.

When Lucas was only 12, he created his first YouTube channel and built his following into the #1 Most Viewed (All Time) Comedy Channel on YouTube with 100 sketch and improv videos. Two years later, he spun-off his “Fred” character to its own “Fred’s YouTube” channel and it has now become the fastest-growing and most-successful launch in YouTube history. Each week on Thursday FRED videos are posted and by Saturday they have over 1 million views. Then he goes on to get over 6,000,000 video views a week. Not bad for a kid from the Mid-West.

Lucas created the character with Anger Management and family problems not just to be funny, he created Fred because he wanted to act and living in rural Nebraska didn’t give Lucas too many performing options. Well Lucas’s performing has paid off, not only does he make money off T-Shirt sales he has also landed product placement deals and an acting job on cable TV. The only thing Lucas has spent his money on so far is an Apple Computer that he uses to edit “Fred” on using Final Cut Express.

Lucas hopes that his success with Fred will lead him to acting in comedy movies like the ones Jim Carrey and Will Farrell do but some of the Hollywood agents I spoke with have their doubts. They feel “Fred” is a one trick pony.

I’m routing for Lucas and I feel that with the right agent and producer team an “I want to be Fred!” Tour could be developed so that adoring Fred Fans around the nation could see and interact live with the off the wall Fred. I can also think of about five ideas for Fred movies: A Fred Christmas, A Fred Vacation, A Fred Summer Camp, Fred’s Foster Parents and Fred Runs Away.

Keep me in mind Lucas, I know you are going places and I’d love to help.

Lucas did tell me yesterday that he has signed a merchandising licensing deal and that his Fred T-Shirts will not be available in stores around the country.

At the NewTeeVee Live conference I was stopped by Beau Brewer from Zadby and he explained to me how I could use Zadby to meet advertisers and sponsors and make a 80% / 20% split on the revenune.

I haven’t had a chance to really check out Zadby yet but Beau told me that he has already made some money for Greg Benson of Mediocrefilms so I will be kicking the tires of Zadby soon.

Here’s an explaination from the Zadby site:

“Zadby is an online marketplace where advertisers, marketers, and brand managers can connect with freelance video producers to create innovative product placement videos tailored for sites like YouTube and MySpace. Zadby facilitates the creation, posting, tracking, and payment for online videos with product placement angles.

Advertisers and brand managers, wishing to raise awareness for their brand, can commission the development of videos through our online marketplace. Since Zadby takes care of the administrative pieces, this frees up the brand manager to think about what they do best: steward the brand.

Online video producers, who currently create millions of videos a year for online consumption through outlets like YouTube, now have a market where they can earn money from what they love to do anyway: creating videos.

Zadby sits in the middle and acts as the glue and the grease to pull it all together in a seamless manner. It provides all the tools and the legal frameworks to allow each party to do what they do best, just connected in a new and innovative way.”