Perez Hilton asked a question during the Miss USA pageant in relation to gay marriage. “I think that I believe that a marriage should be between a man and a woman,” stated Miss California Carrie Prejean during the competition. This was after she said that it was good that America was open to choice. Perez Hilton was furious by this answer so he resorted to calling her all sorts of profanities on his blog.

Prejean on the other hand rigorously defended her opinion. “I wouldn’t have had it any other way. I stated an opinion that was true to myself, and that’s all I can do,” said Prejean in an interview with Billy Bush, host of Miss USA.

“It did cost me my crown,” Prejean added. “It is a very touchy subject and [Hilton] is a homosexual, and I see where he was coming from and I see the audience would’ve wanted me to be more politically correct. But I was raised in a way that you can never compromise your beliefs and your opinions for anything.”

Hilton initially wrote the insult and then apologized. But then he took back the apology and continued to bash on Prejean.

Funny or Die decided to weigh in on the situation by publishing a parody video of the whole situation called A Gaythering Storm. The video stars Sarah Chalke, Jason Lewis, Lynne Stewart, Alicia Silverstone, Lance Bass, Liz Feldman, Sophia Bush, Drew Droege, Mike Hitchcock, Daniele Gathier, Jay Lay, Erin Foley, George Takei, and Jane Lynch.

Lindsay Lohan is a celebrity that starred in movies such as Mean Girls, Georgia Rule, Herbie Fully Loaded, Freaky Friday, and Just My Luck. She became a party animal and got into all sorts of legal trouble such as DUI and drug possession. Lohan was most recently seen dating Samantha Ronson, an English singer and DJ that lives in L.A. However, the two recently broke up. FunnyOrDie.com decided to capitalize on this by creating a parody video of an eHarmony ad using Lohan.

In the video, Lohan is describes that she is looking for a partner that does not mind an electronic monitoring bracelet and dealing with alcoholism. Lohan also said in the video that she is looking for someone whose parents aren’t quick to file for restraining orders. “I’m a workaholic, a shopaholic and according to the state of California, an alcoholic as well as a threat to all security guards if they work at hotels,” added Lohan.

The video has been watched close to 2 million times on FunnyOrDie.com itself within the last one day.

Ron Howard (Richie Cunningham on Happy Days), Andy Griffith (The Andy Griffith Show), and Henry Winkler (The Fonz, Happy Days) have all gotten together to create a viral video on FunnyOrDie.com.  The video revives characters from TV shows that are over 30 years old.  

The video has almost one million views and was just added one day ago.

Check out the clip below:

(via BoingBoing)

FunnyOrDie.com has launched a video site that has a focus on food.  The new site is called EatDrinkOrDie.com.  The site officially launched yesterday.  The site will feature cooking videos from chefs and user-generated content.  The site also has food-related articles and receipe-sharing features. 

Several blogs are connected to EatDrinkOrDie.com such as Barstool Gourmet, Boy Meets Kale, Chef’s Day Off, Eat This Before You Die (NYC), Mom Blog, Men Who Like To Cook, Corkage, Gotta Eat This, Roman Holiday, Live Free, and Twenty and Hungry.  The site is managed by Tom Colicchio, Britt Lovett, Jon Shook, Talia Lesak, and Vinny Dotolo.  Featured celebrities include Pete and Brian, Paula Deen, Rocco DiSpirito, Jamie Oliver, Jonny Bowden, Gary Vaynerchuk, Owen McKibben, Art Smith, Michael Chiarello, and Sophie Uliano.

FunnyOrDie has about $15 million in funding from Sequoia Capital and HBO.  FunnyOrDie’s Board of Directors include Adam McKay, Will Ferrell, Randy Adams, Mark Kvamme, Mitch Galbraith, Dick Glover, and Mark Smallcombe.  Other sites in the FunnyOrDie network include ShredOrDie.com (Action Sports), PwnOrDie (Video games), and MorraDeRir.br (Brazilian version of Funny or Die).

Related Link:
1. EatDrinkOrDie.com
2. SoCalTech

About a year ago, AOL and HBO attempted to create a comedy site called This Just In, but it didn’t quite work out for them. Now Home Box Office, Inc. is investing in Will Ferrell’s FunnyOrDie.com.

Although the investment amount is unknown, HBO will get less than 10% in equity. Through the deal, Time Warner Inc. (NYSE:TWX), parent company of HBO will have the rights to 10 half hour programs on the site and both companies will work on partnerships. FunnyOrDie will be doing live comedy tours and there will possibly be a FunnyOrDie programming slot on of HBO’s subsidiary channels.

This deal comes about a month after HBO announced that their programs will be available on iTunes. About�6 months ago, Funny or Die hired�former NASCAR VP and founder of ESPN.com, Dick Glover. Sequoia Capital and several other VCs invested $15 million in FunnyOrDie.com last year. FunnyOrDie’s�valuation is now $100 million according to Variety.

Information Source:
[1]paidContent: HBO Buying Small Stake in FunnyOrDie; Less Than 10 Percent by Rafat Ali

Funny or Die, the video web site that focuses around a slapstick genre has a new CEO. The new CEO is Dick Glover and he is the former Vice President of NASCAR. Glover helped market NASCAR to go Hollywood through the form of the movie, Talladega Nights: The Ballad of Ricky Bobby. Will Ferrell and Adam McKay wrote Talladega Nights and also co-founded Funny or Die together.

Funny or Die is backed with over $15 million, mostly from Sequoia and has really been pumping out some funny videos lately. Some of the videos that I enjoyed recently on Funny or Die includes a that parodies Al Sharpton’s opposition of rap music videos starring Li’l Jon and a video that makes fun of Jamie Lynn Spears’ pregnancy by using a toddler to play Spears.

Correction: The below paragraph can be scratched out (see comment).  I just learned that Dick Glover did have an Internet background: he started ESPN.com in 1994.  ESPN.com is ranked #44 on Alexa today. 

Placing a CEO that has a limited Internet background could be risky, but at the same time has its pluses. During Terry Semel’s tenure as the CEO of Yahoo!, the company started making some value-added acquisitions such as Flickr and Del.icio.us, but passed on some potentially major acquisitions such as Google. Semel didn’t have an Internet background because he had just previously worked as the CEO of Warner Brothers for 24 years. However, lack of experience could catch up with you as displayed in the reasons why Semel started losing his flair as the CEO of Yahoo!, due to reasons such as Google’s sudden dominance in the search market.

Regardless, I see Funny or Die doing well. But the only way to keep it going is if they retain the talent that they have now. The company wouldn’t be where it is today without Ferrell or McKay.

Funny or Die, the slapstick video hub created by former Saturday Night Live cast member, Will Ferrell announced that they have raised $15 million from Sequoia and several other unnamed investors.  Funny or Die is especially known for its viral video, The Landlord in which a baby abuses Will to pay the rent… or else.

Sequoia has backed Funny or Die since it started around April 2007.  Gary Sanchez Productions and Adam McKay are also heavily involved with Funny or Die.  Adam McKay also co-wrote Anchorman: The Legend of Run Burgundy and Talladega Nights: The Ballad of Ricky Bobby with Will Ferrell.  Adam McKay’s daughter, Pearl played the actual landlord on the Funny or Die video clip, The Landlord.  McKay is married to Shira Piven, sister of Jeremy Piven (Ari Gold on HBO’s Entourage and Dean Pritchard in Old School).

Funny or Die plans to use the funds to hire engineering and creative talent. Currently there are 30 staff members working with Funny or Die and the company is developing a model to compensate users that submit viral content.  It certainly is refreshing to see Hollywood embracing the entrepreneurial Web 2.0 spirit.

Information Source:
[1] Portfolio.com: Will Ferrell and the End of Media as We Know It

Dollar Amount Involved: $3 Million Today / Expected $19 Million
Adify was founded in 2005 and has worked with large media companies such as Time, the Washington Post, NBC, and Comcast as clients to provide advertising supply.

Larry Braitman, the CEO/founder of Adify stated “We envision thousands of niche or vertically-focused ad networks emerging to meet specific market needs, driven by entrepreneurs and enterprises who are members of the specific communities they serve. These network builders are in the position to assemble publishers and deliver value to advertisers” at a recent Web 2.0 conference.

The first $3 million portion of a $19 million first round fund came from NBC Universal and GE Media Communications & Entertainment. Other investors in this round includes U.S. Venture Partners, Venrock Associates, and Time Warner.

Dollar Amount Involved: Undisclosed
Sequoia Capital has partnered with Gary Sanchez Productions for a new comedy video website that will feature clips with multiple hit actor, Will Ferrell. The producer of Talladega Nights: The Ballad of Ricky Bobby, Adam McKay is also heavily involved in the project. The project is called Funny or Die.

The website has already attained over 1.5 million page views as of today. The first video to appear on the website features Will Ferrell arguing with his landlord which happens to be an infant.Any user will be able to upload their own videos, but if they are given a low score by Funny or Die visitors, the video will be banished. Outstandingly comedic clips will be noticed by adminstrators of the website and may potentially score further movie deals according to Gary Sanchez Productions. The FunnyOrDie and Sequoia deal was brokered by Jimmy Miller and Deborah Klein.

Dollar Amount Involved: $300,000
5min is a website with video tutorials such as ‘how to catch a flying disc’ and ‘Sushi: How To Make Pickled Ginger.’ The founder of the company is Ran Harnevo, who is based in Israel. The $300,000 was in seed funding and the investors are unknown.

Dollar Amount Involved: Undisclosed
Yardbarker is like a Digg for sports news only. Users submit links and news articles with the best sports content from all over the Internet. Yardbarker, Inc. is based in Berkeley, CA and was founded in 2006. “Welcome to Sports 2.0″ states the About Yardbarker page.Russell Siegelman, a partner at Kleiner Perkins was the investor in this round of seed funding.Some of the other investors include Ron Conway, Steve Anderson (Baseline Ventures), Ronald “Ronnie” Lott (former USC/San Francisco 49ers football player), Harris Barton (HRJ Capital), Labrador Ventures, and the Band of Angels.

[Information Source: alarm:clock]