Thanks to new president (and former head of Seeso) Evan Shapiro, the National Lampoon brand is getting a facelift this year, and the most exciting new project to come out of it yet is the relaunch of The National Lampoon Radio Hour in podcast form.

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The National Lampoon Radio Hour is being relaunched as a podcast and the upcoming program has locked in its first cast members and behind the scenes talent.

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Kevin Frakes and Raj B. Singh have tapped Evan Shapiro to become president of National Lampoon. Frakes and Singh, who bought the brand two years ago, have also acquired Shapiro’s eshapTV and will fold the comedy projects he has been developing into the National Lampoon brand.

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National Lampoon Joins Forces With Stage 32 to Find the Next Great Comedy Screenwriter!

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National Lampoon has partnered with online film and TV creatives platform Stage 32 to launch the National Lampoon & Stage 32 Comedy Screenwriting Competition, with the winning script to receive a $5,000 option of 18 months by NL and the winning writer or writers placed into its mentoring program.

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Things get absurdly comedic in the new trailer for Netflix’s A Futile and Stupid Gesture starring Will Forte. Directed by Wet Hot American Summer‘s David Wain, the movie is based on the story of Doug Kenney (Forte) who, along with Henry Beard (played by an unrecognizable Domnhall Gleeson), co-created the counter-culture comedy magazine National Lampoon.

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In a deal worth just under $12 million, PalmStar Media has acquired all the assets of National Lampoon. That includes the trademark, and a library of print, audio and movie content spanning nearly 50 years.

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Over the past 15 years, three devotees of the comedy institution have attempted to restore the humor brand to its former glory. What happened instead was direct-to-video movies, lawsuits, crippling debt, and two prison sentences.

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