Celebrity - News
KEVIN HART JUST CLOSED POTENTIALLY THE BIGGEST DEAL OF HIS LIFE
By DM
Kevin Hart is a self-proclaimed comedic rockstar, and he has the track record to prove it. Now, over a decade since Hart launched his first production company, the "Think Like a Man" star has just inked a new deal — and it may be his biggest business venture yet.
Hart announced on April 26 that he secured a $100 million investment to expand his production companies, HartBeat Productions and Laugh Out Loud Network. Hart captioned a post on Instagram, "I can't believe it. After 10 years of hustling #HartbeatProductions and @lolnetwork are officially one company!"
The multi-platform media company launches with a multimillion-dollar investment from private equity firm Abry Partners. Abry will join the Hartbeat board and NBC Universal's Peacock will remain a company shareholder; the current leadership at HartBeat Productions and Laugh Out Loud will also 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." Celebs including Mindy Kaling gave kudos to Hart on social media.