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Kevin Hart's Entertainment Entities Hartbeat Productions And Laugh Out Loud Merge To Form Hartbeat, Raise $100M To Fuel Company's Mission To Keep The World Laughing Together

Apr 26, 2022about 3 years ago

Amount Raised

$100 Million

Description

Trailblazing entrepreneur, executive and entertainer Kevin Hart announces today the formation of HARTBEAT, a global, multi-platform media company creating entertainment at the intersection of comedy and culture with a mission to keep the world laughing together. After more than a decade of leveraging his individual success to build two high-growth, profitable companies - Laugh Out Loud and HartBeat Productions - Hart has now combined these entities to create the #1 source of comedic storytelling and experiences with HARTBEAT. The next generation media company unites Hartbeat Productions' best-in-class TV & film production capabilities with Laugh Out Loud's expansive distribution network, along with its marketing, sales, experiential, branded content, digital and social capabilities.

Company Information

Company

Hartbeat

About

Founded by Kevin Hart, HARTBEAT is the global, multi-platform media company creating entertainment at the intersection of comedy and culture with a mission to keep the world laughing together. HARTBEAT delivers comedy through its three divisions: HARTBEAT Studios, which finances, develops and produces innovative content; HARTBEAT Media, which connects with consumers around the world through events and the company's expansive distribution network; and PULSE, the company's branded entertainment studio that serves as a creative and cultural consultancy to brand. HARTBEAT's flagship consumer brand, the LOL! Network, reaches audiences across its O&O social media, audio, and OTT partners. Led by an award-winning team, HARTBEAT is a valuable partner to the biggest entertainment companies, platforms and brands in the world, driving cultural currency and generating sales, subscriptions, buzz, and conversation with some of the most coveted audiences.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech