Wednesday, June 11, 2008

FunnyorDie Gets Investment From HBO

Entertainment industry publication Variety reported late Tuesday evening that Will Ferrell's FunnyorDie.com Internet web start has sold a small stake in the firm to HBO. Financial terms of the deal were not disclosed. According to Variety, the deal includes the two sites partnering on future products, including possibly comedy tours or Funny or Die programming on HBO's channels. Funny or Die is venture backed by Sequoia Capital and DAG Ventures, and last closed a round of funding in December of 2007. The firm's founders include comedian Will Ferrell. FunnyOrDie is best known for its launch video "The Landlord" and also operates the sites ShredOrDie.com with Tony Hawk, BlueCollarOrDie.com with Jeff Foxworthy and others, along with a number of other online properties. FunnyOrDie has operations in both Hollywood as well as Palo Alto. More information »

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