FunnyOrDie Gets Some Cash From HBO – HBO Get Will Ferrill Cheap

At first glance, one might wonder why HBO would give an obviously struggling video website $10 million, that is until you read on and discover that Will Ferrill, FoD co-founder, is going to provide HBO with original content for their TV network.

Considering that Ferrill gets at least $15-20 million per movie, this is a virtual bargain for HBO.

Even more curious is that this is considered a 10% stake for HBO which means that the entire site is valued at an utterly insane $100 million.  Give me a break!   This site gets less than 500,000 viewers a month.  So, that means someone thinks views are worth more than $16 each!

HA!

(via Vallywag)

Related articles

• HBO buys into Funny or Die – VIDEO [via Zemanta]
• HBO invests in Will Ferrell’s FunnyorDie.com [via Zemanta]