J2 to be Lampooned under Laikin deal

Label to expand in all media, new topper sez

J2 Communications will change its name to National Lampoon as part of an agreement under which Daniel S. Laikin will acquire all J2 shares owned by its president and chief executive officer, Jim Jimirro.

Jimirro will step down as president and CEO under the agreement.

Laikin said he intends to expand the National Lampoon label into film, TV, radio, DVD, CD-ROM, Web syndication and book publishing.

Deal will allow Laikin and other execs to buy additional shares directly from National Lampoon and under some circumstances allow them to make a tender offer for the purchase of all outstanding company shares.

Laikin also announced that Errol Gerson, former director of new media at CAA, will join the company’s board of directors.

Deal is scheduled to close within 90 days.

“National Lampoon is one of the biggest and most beloved comedy brands of all times,” said Laikin, a J2 board member and managing partner of Four Leaf Management.

Company is known for its magazine as well as the pic “Animal House” and the “Vacation” film series.

More Biz

  • Netflix Reed Hastings

    Netflix Stock Closes at All-Time High, Nudging Market Cap Ahead of Disney's Again

    J2 Communications will change its name to National Lampoon as part of an agreement under which Daniel S. Laikin will acquire all J2 shares owned by its president and chief executive officer, Jim Jimirro. Jimirro will step down as president and CEO under the agreement. Laikin said he intends to expand the National Lampoon label […]

  • Mario Batali

    Mario Batali's Three Las Vegas Restaurants to Close Following Harassment Allegations

    J2 Communications will change its name to National Lampoon as part of an agreement under which Daniel S. Laikin will acquire all J2 shares owned by its president and chief executive officer, Jim Jimirro. Jimirro will step down as president and CEO under the agreement. Laikin said he intends to expand the National Lampoon label […]

  • Hollywood's Magic Castles Head to China

    Hollywood's Magic Castles Head to China

    J2 Communications will change its name to National Lampoon as part of an agreement under which Daniel S. Laikin will acquire all J2 shares owned by its president and chief executive officer, Jim Jimirro. Jimirro will step down as president and CEO under the agreement. Laikin said he intends to expand the National Lampoon label […]

  • Is Spotify Walking Back Its Anti-Hate

    Is Spotify Walking Back Its Anti-Hate Policy?

    J2 Communications will change its name to National Lampoon as part of an agreement under which Daniel S. Laikin will acquire all J2 shares owned by its president and chief executive officer, Jim Jimirro. Jimirro will step down as president and CEO under the agreement. Laikin said he intends to expand the National Lampoon label […]

  • Ryan Kavanaugh Relativity

    Ryan Kavanaugh Backs Longshot Sheriff Campaign

    J2 Communications will change its name to National Lampoon as part of an agreement under which Daniel S. Laikin will acquire all J2 shares owned by its president and chief executive officer, Jim Jimirro. Jimirro will step down as president and CEO under the agreement. Laikin said he intends to expand the National Lampoon label […]

  • Harvey Weinstein

    Harvey Weinstein to Be Arrested on Friday in New York

    J2 Communications will change its name to National Lampoon as part of an agreement under which Daniel S. Laikin will acquire all J2 shares owned by its president and chief executive officer, Jim Jimirro. Jimirro will step down as president and CEO under the agreement. Laikin said he intends to expand the National Lampoon label […]

More From Our Brands

Access exclusive content