Kevin Hart has built a reputation for being one of the most hardworking men in Hollywood. He seems to get his hands on just about everything, from stand-up comedy to multi-million dollar movie franchises to digital content. He’s been scoring deals left and right in recent years, but Hart’s latest deals may bring him one step closer to his billionaire dreams. It’s a big career move for Borderlands An actor and can guarantee that we will see more of his TV shows and movies for years to come.
The fatherhood The actor chose to merge his film and television production company Hartbeat Productions and digital comedy outlet Laugh Out Loud into one entity: Hartbeat. to me diverse, the merger came courtesy of stock firm Abry Partners, which invested $100 million in the new company as a minority stakeholder. The multi-functional expressed his enthusiasm for this new business venture and, in a statement, noted the journey the two companies had taken to get to this point:
It all started with a mission to keep the world laughing together and I’m so proud that our team made it happen, as they put in the hard work of building the most innovative and comprehensive comic storytelling company. In an industry that loves to say no and locks doors, I’ve been optimistic about our path and using our success to open doors for others. With this merger and financing, we are taking the new scheme we’ve created in entertainment to the next level and creating opportunities for a new generation of comedic talent. I can’t wait to bring the world more comedians, experiences and stories with humor and heart.
Kevin Hart seems intent on developing, creating and sharing new content from established and new voices. So this deal represents more than just a list of new shows and movies in which the comedian appears. He wants to share the wealth with others as well. You have to love that he is striving to give his fandom more of what they all love while building a new ecosystem in the entertainment industry.
The production banner will function as two sections after the sudden merger. The newly formed Hartbeat Studios will focus on film and television production, while Hartbeat Media will specialize in digital content, games, music and events.
With this, some familiar faces from the two companies are taking on new positions. LOL President Ty Randolph will now be CEO. Hartbeat’s Head of Film and Television Bryan Smiley will become president and chief content officer for the Studios division, while LOL’s Jeff Clanagan will become president and chief distribution officer for the Media brand. Also, Hartbeat co-founder Leland Wigington will receive a comprehensive production deal under the new structure.
The merger will reportedly not affect any other deals the comedian has struck. NBCUniversal will retain its minority stake after investing in LOL in 2020. The audience reaped the benefits of that deal with Kevin Hart’s coverage of the hilarious Olympics with Snoop Dogg and the interview talk show on Peacock. Of course, Hart also has a deal with streaming giant Netflix, which has resulted in projects like fatherhood And the series True story.
It was great to see how Kevin Hart continues to establish himself as a true force in the media landscape. Together with the previously mentioned projects, the ride along Satire series beloved actor, The real hollywood husbandsAnd Resurrected for BET+ livestreaming. But 2022 is bound to be much busier, as it has many projects coming up, including DC League of Super-Pets and action comedy the man from torontoWhich is headed to Netflix. So with his new deal and Hart’s list of upcoming movies already in place, I’d say he’s definitely not going anywhere anytime soon.
