Especially given today’s recessive economic climate, this news certainly indicates that web entertainment is here to stay. Earlier this year
Portfolio Magazine reported $15 million investment into the site, and Funny Or Die recently sold a small equity stake to HBO in June, with the intention to develop “more-traditional-type sitcoms,” Ferrell told Daily Variety. We’re looking forward to seeing more Streamys worthy web series coming from the mostly one-off vid site. Congratulations, Will!Amidst a chaotic week at TikTok, the app took some time to acknowledge its growing community…
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