Will Ferrell’s comedy video website might be looking to sell, according to Bloomberg.
Funny or Die has reportedly recruited investment bank Moelis & Co. to evaluate its options including a possible sale.
The Emmy-winning site, founded in 2007 by Ferrell, Adam McKay and Chris Henchy, encourages viewers to rate original or user-generated video to determine which content makes it to the front page. HBO invested in the West Hollywood company in 2008 to create half-hour episodes for the comedy series “Funny or Die Presents.” Funny or Die has launched a comedy tour and also spun out five other verticals. As of March, the website was reaching 19 million unique monthly visitors.
Representatives of Funny or Die and Moelis could not be reached for comment on Tuesday.
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