Leo Sells Out — G4 Acquires TWiT!

Published on April 1st, 2007

Guess it’s time for Leo to get on the cover of Business Week like Kevin now that he’s become a leveraging buyout mogul synergizing the intertubial nets of podcasting. Personally, I would have held out for just a tad more cash though, but that’s just me. Congrats!

G4 Acquires TWiT – LOL: The Life of Leo

I have some very exciting news. G4 Entertainment Inc has agreed to acquire TWiT in an exchange for stock and $1 cash.

We’ve been in extensive conversations for the past few months, but I’ve been reluctant to say anything until today. Here’s an excerpt from the G4 press release which crossed the wires a few hours ago:

G4 CEO , Loof Slirpa, said about the merger, “The synergy between G4’s smokin’ babes and classic TV series, and the TWiTs high end tech knowledge will allow us to reach a vast audience of teenage boys and disaffected computer programmers.”

Entrepreneur and media commentator Mike Arrington of Techcrunch.com said, “The dynamic synergy between the old web and the new makes this a win-win for everyone but the audience. I wish I had thought of it first.”

Chief TWiT, Leo Laporte said, “I’m moving to Canada.”

Leo celebrating the sale

26 users responded in " Leo Sells Out — G4 Acquires TWiT! "

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# 1 Esih said, on April 1st, 2007 at 2:07 pm

Oh yeah! It’s April 1 – this is just stupid. Leo would not do anything like that.

You can make up better April Fools jokes than this

# 2 Drew Nichols said, on April 1st, 2007 at 2:08 pm

Wasn’t G4 the one who messed up TechTV? Great!

# 3 Drew Nichols said, on April 1st, 2007 at 2:09 pm

Damn it I just realized March is over! And I also read the article… which helped me realize it was April.

# 4 Hayden said, on April 1st, 2007 at 2:11 pm

I really believed that.

Oh wait, no I didn’t

# 5 YeahRight said, on April 1st, 2007 at 2:17 pm

G4 CEO :Loof Slirpa
means in reverse : aprils fool!!!

# 6 cts said, on April 1st, 2007 at 2:26 pm

Lousy gag, but what a great photo!

# 7 roxinmysox said, on April 1st, 2007 at 2:34 pm

Doh! I must admit I fell for it when reading the article until reading the comments. Guess I lost too many brain cells this weekend.

# 8 archieoi said, on April 1st, 2007 at 2:39 pm

another repeat of teck tv?

# 9 Hayden said, on April 1st, 2007 at 2:42 pm

I have some very exciting news. G4 Entertainment Inc has agreed to acquire TWiT in an exchange for stock and $1 cash.

1 dollar, leo really is a sell out.

# 10 Central Coast said, on April 1st, 2007 at 2:52 pm

God I hate April 1st…
Grade School stuff at best.
Come on Dvorak… Grow Up !!!!!!

# 11 mxpwr03 said, on April 1st, 2007 at 2:56 pm

Oooooh April fools. That’s not funny. I was about to ask for my monthly donations back with all that $$$.

# 12 michael said, on April 1st, 2007 at 4:04 pm

April Fools day:A day for unfunny people to pretend like they are. This was funny though.

# 13 John Paradox said, on April 1st, 2007 at 4:11 pm

New pod… errr NETcast:

TWIH

(This Week In Hoaxes)

J/P=?

# 14 Tom 2 said, on April 1st, 2007 at 4:39 pm

You mean G4 acquires twit then gets rid of it. Please let this be for the best, we all know how good G4 is at ruining a good thing.

# 15 nomore said, on April 1st, 2007 at 4:46 pm

Eh, I don’t get it. Who is this Leo person anyway.

# 16 edwinrogers said, on April 1st, 2007 at 6:03 pm

And every Lexus salesman in Southern California gets sweaty palms.

# 17 Li said, on April 1st, 2007 at 6:14 pm

In a tragic accident, Leo Laporte has unfortunately died this evening, when his new Porche crashed into a moose ten miles north of the Candian border.

In entertainment news, Anna Nichole Smith has finally reached her target weight.

# 18 Brandon Bachman said, on April 1st, 2007 at 7:10 pm

I ALMOST believed it… until Loof Slirpa,

C’mon, people think of better names than that!

# 19 Bill R. said, on April 1st, 2007 at 8:44 pm

I think this URL tells it better: http://www.twit.tv/gotcha

# 20 Mark Derail said, on April 1st, 2007 at 9:03 pm

G4 admins are idiots for killing The ScreenSavers, and replacing it with AOTS.

# 21 noname said, on April 1st, 2007 at 9:34 pm

#17 Li “Anna Nichole Smith has finally reached her target weight.” that’s wickedly cool.

# 22 Mark Derail said, on April 2nd, 2007 at 5:43 am

#15 – Leo Laporte is a non-cranky geek that likes all hardware / software that gets the job done (price doesn’t matter).

#17 – As a Canadian, your moose remark is rather insulting. Our beloved wild bovines do not travel so far south, or else, you would have wild moose in the US – which you don’t.
Deer however, would be smash on.

So, your fake headline would better read, 200 KM Northwest of Toronto.

// We don’t live in igloos and YES we put Maple syrup on our toasts, in our Kellogs Cornflakes and in our coffee (oh yeah, cough drops too)

# 23 Li said, on April 2nd, 2007 at 11:17 am

#22 The Shiras and Northwestern moose ranges into the US;

http://www.bowhunts.com/moose_1.html

Scroll down a bit to see the range map. I thought that Leo was a Cali guy, and a run for the border would bring you into moose territory a bit before one hit the border.

As a rule, I try not to take offense at anything, as it is a waste of energy that accomplishes nothing. And it is embarrassing as all get out if you are wrong.

# 24 Mark Derail said, on April 2nd, 2007 at 2:04 pm

#23 Li, I meant it to be ironic. Just joking. That a Canadian could possibly be insulted on a moose joke is very funny.

Takes a lot to offend a Canuck, eh?

# 25 Li said, on April 2nd, 2007 at 7:00 pm

Amen, I was thinking I had met the strange exception. You guys, generally, rock.

# 26 TCLe said, on April 3rd, 2007 at 1:22 am

This was an awesome prank, great for those of us still loyal to TechTV. $1? Is that all we’re worth to you Leo? =P

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