College Humor Lays off 100+ Employees, CCO Sam Reich Named New Owner of Company

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College Humor Lays off 100+ Employees, CCO Sam Reich Named New Owner of Company
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.CollegeHumor laid off over 100 employees on Wednesday, but it might still have a shot at a comeback with chief creative officer samreich as its newly announced owner:

College Humor has been an innovative platform for online comedy since 1999, but a recent sale that resulted in over 100 layoffs at the company might signal the end times for the site. But instead of dissolving the entire staff and site, InterActiveCorp., the New York based company-that has owned College Humor since 2006, sold the company to Sam Reich, the chief creative officer of the site, and allowed a handful of employees to remain on staff.

So, bad news – with a twist. IAC, our parent company, has made the difficult decision to no longer finance us. Today, 100+ brilliant people lost their jobs, some of whom are my dear, dear friends. Hire them. Long story short, I need your support now more than ever. The #1 way you can support me is to stay subscribed to Dropout. We have six months’ worth of content still to release: Dimension 20, Um, Game Changer, Breaking News, and more. Dropout 2.0 launches at the end of the month, and along with it come two long-desired features: downloads and international Discord access.

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