Live Comedy L.A.

Just had a quick brainstorm related to yesterday’s post about the Comedy Store that I wanted to get down.

From a business model perspective…I really feel that it is in everyone’s best interest for a comedy club to be owned by a media company. It needs to be a part of a larger organization that does not rely on the current revenue streams (tickets and drinks) as its sole income. A media company can leverage the assets (comedians, show development, scripts, etc.) into other income streams. No one individual can do that (or VERY few).

If an individual owns it…you may see a better working environment. More programming options…more pride. However, it will be difficult for them to pay comedians because of the economics.

As much as I love comedy…I would not advise anyone to be in the comedy club business unless you are in the business of creating intellectual property that you can sell and distribute on a large scale OR comedy is an ancillary part of your larger business…think Dave and Busters or the casinos.