ComediHa, a leading comedy production company, has officially announced its acquisition of certain assets from Groupe Juste pour rire. The news was confirmed by ComediHa’s CEO, Sylvain Parent-Bédard, on Tuesday.
The acquisition includes the rights to the Just for Laughs festival, as well as the company’s television production and distribution activities. This move solidifies ComediHa’s position as a major player in the comedy industry, both in Canada and internationally.
Parent-Bédard expressed his excitement about the acquisition, stating that it aligns with ComediHa’s goal of becoming a global leader in comedy. He also emphasized the importance of preserving the legacy of Just for Laughs and continuing to showcase the best comedic talent from around the world.
The deal was finalized after months of negotiations between the two companies. Groupe Juste pour rire’s founder, Gilbert Rozon, stepped down in 2017 following allegations of sexual misconduct, which led to the sale of the company.
ComediHa’s acquisition of Just for Laughs is expected to bring new opportunities for growth and expansion. The company plans to invest in new projects and collaborations, while also maintaining the high-quality standards that Just for Laughs is known for.
The financial details of the acquisition have not been disclosed, but it is estimated to be worth millions of dollars. ComediHa has assured that the transition will be smooth and that all current employees of Groupe Juste pour rire will be retained.
This acquisition marks a significant milestone for ComediHa and the comedy industry as a whole. It solidifies the company’s position as a major player in the global comedy market and sets the stage for even more success in the future.
