5.9k Share this

Comedian Kevin Hart announced on April 26 that has secured a $100 million investment to expand his growing production companies. Hart shared the news in a post to Instagram, revealing that his production companies, HartBeat Productions and Laugh Out Loud Network, would be merging to form HartBeat.

“I can’t believe it. After 10 years of hustling #HartbeatProductions and @lolnetwork are officially one company!” Hart captioned the post. The multi-platform media company, as reported by The Hollywood Reporter, launches with a multimillion-dollar investment from private equity firm Abry Partners. In exchange, Abry Partners will join the Hartbeat board and NBC Universal’s Peacock will remain a company shareholder. In addition, the current leadership at HartBeat Productions and Laugh Out Loud will remain the same.

“We have a bright future, and we now have an amazing partner in Abry,” Hart said in a video posted to social media celebrating the news. “We want to give people feel-good content at a very high level and with stuff that’s for the world.” Plenty of fans commented on the Instagram posts congratulating Hart, and even Mark Wahlberg shared a few supportive emojis, while Mindy Kaling wrote, “You’re incredible!”

Source: Nicki Swift

5.9k Share this
You May Also Like

Taking back control? Not if we give in to China, says Tom Tugendhat

Chinese interests trying to take control of UK’s largest chip maker, and…

‘Finish Building the Wall’ Before Sending Ukraine $40B

Katie Britt, former Business Council of Alabama CEO and president, condemned Congress’…

Thousands of Pro-Abortion Activists March in D.C.

Pro-abortion activists are taking to the streets in Washington, DC, Los Angeles,…

CHELSEA 3-2 MANCHESTER CITY: Emma Hayes’ team complete the double thanks to Sam Kerr’s winner

Chelsea Women 3-2 Manchester City Women (AET): Emma Hayes’ team complete the…

Finns Call Putin After Russia Cuts Electricity Supplies Amid NATO Spat

(AFP) — Finland on Saturday sought to allay Moscow’s fears about its…

McDonald’s to exit Russia after 30 years because of the war in Ukraine

McDonald’s Corp said on Monday it had initiated a process to sell…

Train passenger hurls racist abuse at security guard in shocking three-minute tirade

Security guard calls train passenger a ‘Karen’ and accuses her of hurling…

Kim Jong-Un says North Korea is facing a ‘great disaster’

North Korea reported 21 new deaths on Friday, from people with fevers…