Cynthia Littleton Business EditorHenry Muñoz III is the first to admit that he was a surprise bidder for Funny or Die when the digital comedy brand was put up for sale last year.“It was kind of a surprise to me too,” Muñoz jokes on the latest episode of Variety podcast “Strictly Business.”The entrepreneur and activist sees Funny or Die as a vehicle for expanding his work that is focused on creating greater access to opportunities and greater equality for Latinx communities in his native Texas and around the country.
Muñoz, who was most recently a co-founder of the Somos Community Care chain of health care providers, acquired the company with his own resources, without any partners or bank loans.Funny or Die was an early Hollywood foray into short-form digital media.
The website was founded in 2007 by Will Ferrell, Adam McKay, Judd Apatow and others and quickly expanded with a content production arm.
At 15, Muñoz notes that Funny or Die is just marking its “quinceañera.” Drawing on his varied career experience and personal journey as a gay man whose parents were activists, Muñoz aims to bring a more inclusive vision and presentation to Funny or Die.
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