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New Wave rides tide to laffers with Katz buy

Clients include Mohr, Anderson, DiResta, Goldthwait

Marketing and production firm New Wave Entertainment has acquired management company Barry Katz Entertainment.

Katz Entertainment exec produced NBC’s “Last Comic Standing” and the FX reality skeins “Trash to Cash” and “Hurt Burt.”

Acquisition reps New Wave’s first foray into comedy talent management. Combined entity just signed its first client: “Seinfeld” alum Michael Richards.

Katz’ existing stable of comics includes Jay Mohr, Louie Anderson, John DiResta, Andre B. Blake (“Cosby”), Bobcat Goldthwait (“Windy City Heat”), Shaun Majumder (“Cedric the Entertainer Presents,”) and Mitch Mullany (“All American Girl”).

“We tend to grow our various businesses with judicious acquisitions, and this one puts us firmly at the forefront of the talent management business,” New Wave principal Paul Apel said. “It also boosts our television and film businesses significantly with the numerous projects Barry Katz Entertainment already has in development and production.”

Katz will continue to oversee New Wave’s talent assets with Brian Volk-Weiss.

Bunching up

“After working on my own for 15 years, (New Wave toppers) Alan Baral and Paul Apel made it an easy decision to work with them at New Wave,” Katz said.

Burbank-based New Wave currently produces 14 hours of cable programming and has a sitcom in development at NBC.

Founded in 1988, Katz Entertainment’s TV producing credits include “Welcome to New York” for CBS, “Hype” for the WB and the Fox series “Action.”

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