MONTREAL (CelebrityAccess) — Quebec’s ComediHa! introduced it has accomplished the acquisition of key belongings of the enduring Canadian comedy model Simply For Laughs.
The sale comes as Simply For Laughs struggled to search out its footing within the wake of the pandemic, forcing a restructuring of the corporate and the sale of the belongings was accredited by a Superior Court docket Decide in Quebec earlier this week.
Belongings acquired by ComediHa! embrace the manufacturers Juste pour rire, Simply For Laughs, ZooFest, ComedyPro, the Gags, and the audio-visual catalogue.
In accordance with ComediHa!, the closing of the deal will bolster the corporate in all areas of its enterprise, together with festivals, reside manufacturing, tv manufacturing, tour promotion, distribution, and content material monetization. Going ahead, ComediHa! will proceed to foster present and new comedy expertise in Quebec and internationally.
“This asset acquisition will allow us to supply much more various leisure experiences to our Quebec, Canadian and world audiences whereas supporting the expansion and growth of our artists and content material world wide. We’re additionally changing into a strategic participant for worldwide artists who wish to carry out in Quebec and Canada,” stated Sylvain Dad or mum-Bédard, CEO of ComediHa!
Moreover, ComediHa! plans to speed up its growth of broadcasting platforms, together with its subscription service ComediaHA.television and on-demand video providers with an infusion of content material from the Simply For Laughs catalog. Amuz Distribution (a subsidiary of ComediHa!), will take level on worldwide distribution.
“We’re on the primary day of a brand new period and a brand new plan to implement. Greater than ever, we wish to meet followers, festivals, viewers, creators, artists, artisans, producers, brokers, managers, public companions, sponsors, showrooms, and broadcasters, from Quebec, Canada, the Francophonie, and your complete world, so as to add Mr. Dad or mum-Bédard. The acquisition of Simply For Laughs’ belongings, developed over 40 years, will undoubtedly allow us to proceed our mission of constructing the world chortle worldwide and contributing proudly to our cultural, vacationer and financial panorama.”