IAC puts CollegeHumor up for sale for $100M

Barry Diller’s IAC is putting its majority stake in CollegeHumor up for sale. Fortune reports that IAC is looking to sell for $100 million, after investing $20 million in the site in 2006. Other comedy destinations, such as Funny or Die and The Onion, are also on the market, with FOD asking between $100-$300 million and The Onion askling for $100 million. So why the sudden surge of humor sites seeking a buyer? Disney’s deal with Maker Studios. “They’re all trying to figure out why Disney did that and what copycat transactions are credible alternatives,” a banker told Fortune. CH also owns Dorkly.com and WatchLoud.com, and has more than 8.5 million subscribers on its YouTube channel.

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