IAC reportedly looking to sell CollegeHumor for $100 million

Barry Diller’s IAC wants to cash in on the online video boom: IAC is putting CollegeHumor on the block, according to a Fortune.com report. IAC is reportedly looking to make $100 million with the sale, after acquiring CollegeHumor for $20 million eight years ago. However, CollegeHumor isn’t the only comedy site looking for a buyer. FunnyOrDie and the Onion are also on the market, with FunnyOrDie reportedly looking to make as much as $300 million, and the Onion asking potential buyers for $100 million as well.