CollegeHumor coming to an end

The one time online comedy juggernaut is facing the end. After 21 years CH has been sold by their parent company, IAC/InterActive Corp., and layed-off over 100 employees in the process. CH’s streaming service will still be live for another six months, and with this time Sam Reich (majority owner) will be trying to save the service. This is a trend we have seen before with the collapse of Cracked.com’s wildly successful YouTube channel. Many of these sites took a hit after over investing in video content after false numbers published by Facebook showed that Facebook was close to YouTube in the online video market.