44 Ventures News
4 articles
growth-positive
The Israeli Meme Insider selling Americans their own humor CTech
Kobi Nizri, an Israeli comedian, has built a successful empire of comedy websites under Literally Media, a group that has 40 million users a month. The company generates revenue from viral parody clips, memes, and other comedic pieces. Despite being based in Herzliya, Israel, Literally Media is rated as the most popular group in the humor category in the U.S. The company employs 80 full-time employees and 40 freelancers, and generates 2,000 new pieces of content per month. Nizri recently appointed a new CEO, Oren Katzeff, allowing him to focus more on his private investment firm, WeEndeavor.
Management ChangesExpand
growth-positive
אימפריית הממים שמצחיקים את האמריקאים נולדה בכלל בשיכון ברמלה מוסף כלכליסט
The article discusses the success of Literally Media, a company that operates humor websites, attracting around 40 million users each month. The company, which is ranked at the top of popular humor websites in the United States, is managed by Israeli Kobi Nizri. Despite not considering himself funny, Nizri has managed to successfully navigate the humor business, creating viral content that is widely shared on social media. The company employs 80 full-time workers and 40 freelancers who produce around 2,000 pieces of content each month. The company is managed from Herzliya Pituah, Israel.
CustomersExpand
growth-positive
אקזיט כחול לבן: Corr.Bi נרכשת על ידי Celtinel הישראלית
Israeli startup Corr.Bi, which developed an automatic business intelligence platform, has been acquired by Israeli company Celtinel. Celtinel, founded in 2017, develops a platform for call recording, transcription, and management, based on the technology of VOIP company Yallo. The integration of Corr.Bis business intelligence platform with Celtinels technology will enrich call content with relevant information about the callers. The transaction details were not disclosed.
Partners
growth-positive
Cheezburger's new owner is Israeli digital-media company
Seattle-based humor site Cheezburger has been acquired by Literally Media, the brand created by digital-marketing company MindAd Digital. The acquisition will see Cheezburger working with fellow online humor site eBaum’s World, which is also owned by Literally Media. Cheezburger CEO Scott Moore will continue to lead the company and take on the title of CEO of MindAd. The company, known for its popular cat memes, has struggled in recent years, laying off a large portion of its staff and seeing a sharp decline in site visitors. The company now has a staff of 16 people.
AcquisitionLayoffs
