Funny or Die Hires Buyout Firm

Funny or Die is working with investment bank Moelis & Co. to evaluate options including a possible sale, with an asking price between $100 million to $300 million.

More details here.

Following the huge exits for multi-channel networks like Fullscreen, Maker, AwesomenessTV, and StyleHaul, as well as the continued success of publishers like Vice, it makes total sense for one of the space’s most highly-trafficked destinations for original comedy content would seek strategic options to maximize returns for their original investors in this red-hot sector.

Author Description

Scott Perry -- LA Tech Digest founder

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