Second City finds a buyer and its instructors form a union
This has been a helluva week for Second City news. On Wednesday, Financial Times first published reports of an imminent sale of the comedy behemoth to private equity firm ZMC, owned by Strauss Zelnick. Zelnick is the CEO of Take-Two Interactive Software, home of the Grand Theft Auto game franchise. On Thursday, those rumors were confirmed by ZMC; they declined to name the purchase price, but FT said that "the company was expected to fetch about $50 [million]." Coincidentally, Wednesday was also when the newly formed Association of International Comedy Educators, a union for the "arts edu...
Source: chicagoreader.com