Remember that item I just posted yesterday about the article in Vanity Fair chronicling the sad state of National Lampoon over the last two decades or so? Tipster Logan Lee is back with more news, and this time it can’t wait: National Lampoon, Inc. is under new ownership, purchased by PalmStar Media for nearly $12 million. You can read the whole story here.
Wow. Did not see that coming. At the same time, it seems unsurprising. Sounds like they are mainly interested in movies, and I suppose that could be good. Hard to do any worse than the folks who have been running it for the last two or three decades. Presumably, for the kind of money they paid, they are serious about making a go of it.
Best of luck to them.