 In June 2008, HBO and Funny Or Die announced that HBO had purchased a stake of less than 10% in Funny Or Die.With this, Funny Or Die will be responsible for developing at least 10 half-hour episodes for HBO, and the companies may organize future comedy tours together.Regarding the agreement, Will Ferrell said, "I don't want to overstate the importance of this deal, but this is the missing link moment where TV and Internet finally merge.