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The Second City Comedy Brand Up for Sale

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hollywoodreporter.com

The Second City, the Chicago-based improv and sketch comedy brand that spawned Hollywood talent like Tina Fey, John Belushi, Bill Murray and Keegan-Michael Key, has put itself up for sale. “I have had an extraordinary 47-year run guiding this wonderful living, breathing, dynamic comedy institution.

Watching the talent development process has given me more joy than one person should be allowed. But it is time for a new generation with fresh ideas to take the company to the next level," Andrew Alexander, a current owner of The Second City and a former CEO, said in a statement.

Investment bank Houlihan Lokey will advise on the sale of The Second City as part of a formal process to field buyer interest over the coming months. “While all our.

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