National Lampoon, Inc. is engaged in publishing the National Lampoon Magazine. The Company’s other activities include radio, stage shows and the development and production of motion pictures. It develops, produces and distributes National Lampoon branded comedic content through media platforms. The Company’s segments include: Motion Picture Production and Distribution, Licensing, Publishing and Radio. The Company’s subsidiary is National Lampoon Networks, Inc. which conducts its Internet, television and field marketing activities. The Company owns approximately 31 brands. The Company also maintains affiliations with and a presence at college campuses where it holds screenings and distributes promotional goods as part of its distribution network.