Funny or Die is exploring a possible sale, Bloomberg News reported Tuesday. The comedy website founded by Will Ferrell, Adam McKay and Chris Henchy has hired a financial adviser to evaluate its options, including selling, the report says.
Funny or Die is working with investment bank Moelis & Co., a source told Bloomberg News, and potential buyers already have been contacted to gauge their interest. The possible sale has not been confirmed, and Patrick Starzan, a spokesman for Los Angeles-based Funny or Die, declined to comment.
The site is known for programs like “Between Two Ferns” with Zach Galifianakis. Ferrell appeared in the site’s first skit, “The Landlord,” which has more than 82 million views.
Such stars as Brad Pitt, Charlie Sheen, James Franco, Samuel L. Jackson, Anne Hathaway, Christina Hendricks, Ellen Page and Bette Midler have shot videos for the site, the Wrap wrote. President Barack Obama even appeared during one skit in March where he discussed health care.
Funny or Die's public face is the videos uploaded to its site, which has attracted a following away from Google’s YouTube, Bloomberg wrote. It has also produced a show for Time Warner’s HBO and has collaborated with TBS and Adult Swim on videos and advertising sales.
Funny or Die did not release any statement Tuesday on its official Twitter page, but instead posted a message for Veterans Day.
— Funny Or Die (@funnyordie) November 11, 2014
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