ZMC Private Equity Group Acquires Second City

New York Times: Second City, the storied comedy theater, which for more than half a century has helped define American humor, has been sold to a private equity group. The group, ZMC, run by Strauss Zelnick, invests in media entities; Zelnick is also the chief executive of Take-Two Interactive Software, the video game conglomerate behind Grand Theft Auto.