Just for Laughs Is Back: New Owners Unveil Post-Bankruptcy Strategy and Initiatives With Will Arnett, Rob McElhenney and Smosh (EXCLUSIVE)
However, the episode was broadcast at an inconvenient timing. Two months prior, in March 2024, Just for Laughs declared bankruptcy due to unpaid bills amounting to millions accumulated over time from hotels, venues, and production companies. This led to the closure of their global events and production division, casting doubt on the fate of the 43-year-old event, a prestigious comedy industry landmark.