The most recent Funny or Die original accomplishes something other than being funny or dying: It unites four(!) generations of legendary SNL cast members in the same room together. Quite a feat. Oh, and it's really funny.

Ever wonder how this PBS classic might have been improved if Levar's kids took on something more challenging than children's books about talking animals facing challenges of pre-adolescence? Well thanks to this recently discovered footage you need not wonder again.

Bobby Bottleservice and Peter Papparazzo are back in the hilarious second installment of everyone's favorite online mystery series. Not convinced? Does the phrase "cameos by Pauly Shore and Fred Durst" mean anything to you?

HBO premiered it's made-for-tv-version of Drunk History this weekend, and it got very mixed reviews. Is this an example of viral videos not translating well to the American Television audience? Here are clips from both—you be the judge!

The neverending power-struggle between actors and directors dates back to ancient Rome, when Zeus killed the actor Cyclops in a traveling production of The Odyssey over improper stage blocking... or something. That struggle resonates today, as proven by this video.

Sometimes all it takes to pull a room together is a teardrop filled with frog eggs, or a weird art-deco jazz guitarist figurine. In this clip, ugly furniture gets the LOL treatment.

Funny on one hand, but on the other it hits a little too close to home - maybe it's just because I'm from New Jersey, where design sensibilities go to die.

Truly a question that has plagued mankind for literally never. It's use in everyday life to get a cheap laugh had come from somewhere, though. And that somewhere was poking fun at a slutty girl at Long Beach State.

When a show can name-drop Will Ferrell, Don Cheadle, Zach Galifinakis, Fred Willard, John C. Reilly, David Spade, Zooey Deschenel, Paul Scheer, Rob Huebel, Ed Helms, Rob Riggle, and Wayne Newton— you know it's going to be good.

The constant back and forth verbal jabs between Late Night hosts is already getting a little tired. Maybe they need to let their fists do the talking instead of their mouths.

If there's one thing that kids do that's adorable, it's arguing about computer platforms and dropping F-bombs.

The Situation, Snooki, and DJ Paulie Dialogue took time out from Jersey Shore's global domination to make a video. The fiction is just as good as the real thing, but the beast has awoken. Updated.

Which also happens to be funny and peppered with profanity. As long as Tiger Woods remains quiet and stays out of the public eye, we're going to have to leave it up to artistic interpretation to give us the story.

Funny or Die figures out how all SXSW movies are all the same.

Unlikely, save for one determined Atlanta fan with a taste for hip-hop cartoons. Superdeluxe's staff was laid off in May, but it took the Time Warner subsidiary seven months to move a small portion of its video library over to AdultSwim.com and shut the site down.

One has to wonder if Ferrell isn't trying to undermine the competition, however, considering how not-funny the clip is. Neither Ferrell nor Reilly can seem to decide who's the straight man and who's the goofball. IBeatYou should probably stick to promoting itself with Jessica Alba — 758 users participated in her staring contest, compared to twelve so far for Ferrell and Reilly.

Comedy-video startup FunnyorDie, a project cofounded by yuksters Will Ferrell, Adam McKay and Chris Henchy with Sequoia Capital's Mark Kvamme, has sold an equity stake to HBO of less than 10 percent. (FunnyorDie was valued at $100 million after the last round of funding; the new valuation, and HBO's exact investment, wasn't disclosed — if you know, please tell us.) In exchange, HBO also gets five hours of programming from Ferrell, McKay, Henchy and recent addition Judd Apatow.

Funny or Die comedian Zach Galifianakis sits down for an interview with Jimmy Kimmel on his talk show "Between Two Ferns." In it, he suggests a hilarious gag Kimmel and his girlfriend Sarah Silverman can play at their local Long John Silver.

Cash money, not equity, is what powers the entertainment industry. Especially when it comes to talent. In a possibly apocryphal but illustrative anecdote, legendary bluesman Albert King reportedly refused to leave the stage until he had cash in hand from the concert promoter, presumably because he'd been cheated out of so many deals in the past. Studio accounting has an only slightly better reputation than that of the music industry when it comes to being, ahem, creative. Hence it's no surprise that when negotiating venture funding for Funny Or Die, Will Ferrell reportedly wanted to know what his upfront payout would be, according to Sequoia Capital's Mark Kvamme in comments to the New York Times. Which is one reason why private equity efforts to fund traditional film and television production have yet to pan out. Better to get your money upfront and walk away in case the project is a disaster. So how is Valley money changing Hollywood business models?