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Envit pacts with National Lampoon

Co. to fund moderate-budget projects

Beantown-based holding company Envit Capital Group has tentatively pacted with National Lampoon to fund moderate-budget features, video productions and TV development.

“Envit intends to take advantage of the brand name National Lampoon, which has had a massive presence in the comedic entertainment industry since 1967,” said chairman-CEO Edward Laborio, who added that ECG intends to establish “the necessary facilities” in Los Angeles with which to carry out the deal.

In line with Lampoon’s legacy, the collaboration is expected to focus on projects, comedic and otherwise, that are geared to the college-age demo.

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