Funny or Die Presents
In June 2008, HBO and Funny or Die announced that HBO had purchased a stake of less than 10% in Funny Or Die. With this, Funny or Die will be responsible for developing at least 10 half-hour episodes for HBO, and the companies may organize future comedy tours together. Regarding the agreement, Will Ferrell said, "I don't want to overstate the importance of this deal, but this is the missing link moment where TV and Internet finally merge. It will change the way we as human beings perceive and interact with reality. Okay, I overstated it. But it is an exciting deal."
In August 2008, FunnyorDie hired Andrew Steele, a twelve-year veteran of Saturday Night Live, and one of three head writers in recent years, to oversee content production and development for the site and for the HBO partnership.
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