Just for Laughs Festival Cancels 2024 Edition, Seeks Creditor Protection

The iconic Montreal comedy festival faces financial struggles, plans restructuring in hopes of a 2025 return.

The Just for Laughs comedy festival in Montreal has been canceled for 2024 as the organizing company files for creditor protection.
Financial difficulties stemming from the pandemic, inflation, and a changing entertainment industry are cited as reasons for the festival's struggles.
Approximately 70% of the company's workforce has been laid off amid restructuring efforts.
The festival, known for launching the careers of many famous comedians, hopes to return in a scaled-down format in 2025.
Organizers are seeking investors or buyers for parts of the business in an effort to preserve operations.