Funny Or Die Acquired By Designer, Philanthropist, And Democratic Fundraiser Henry Muñoz
Longstanding comedy purveyor
Henry R. Muñoz III.
Muñoz is a business leader, architect, philanthropist, and Democratic fundraiser,
Variety reports. The financial terms of the deal were not disclosed, but the acquisition includes the Funny Or Die brand, content library, original production slate, and its social media properties (which have amassed roughly 40 million followers).
Funny Or Die was founded 14 years ago by
Will Ferrell,
AMC Networks,
Sequoia Capital.
Ferrell will continue to serve as an advisor to the company, and Funny Or Die’s existing executive team will remain onboard, including CEO