National Lampoon Inc. Has Acquired DrunkUniversity.com

Posted May 8, 2007

National Lampoon Inc. (AMEX:NLN), a humor media company has announced today that they have acquired DrunkUniversity.com. The amount involved is not disclosed.

National Lampoon is widely known for the movies that the company produces including Vegas Vacation starring Chevy Chase and Van Wilder starring Ryan Reynolds.

Drunk University is a site where users can submit photos, videos, read stories, and also search for drink recipes. Before the acquisition, Drunk University was a part of National Lampoon’s Humor Network.

Sam Elhag and Gil Shafir are the founders of Drunk University. “We are excited to join National Lampoon and look forward to helping them continue to grow their brand in the college market,” stated the founders. Drunk University is roughly 5 years old. Content from Drunk University will be absorbed into National Lampoon’s College TV network.

DrunkUniversity.com is a competitor of CollegeHumor.com. CollegeHumor, a property of Connected Ventures LLC. Connected Ventures LLC had its controlling interest acquired by InterActiveCorp last year.