Prince of Porn And King of Comedy Make Amends

2009_06_masada.jpg Two nightclub bigshots have settled their lawsuit over their failed partnership opening a location of the legendary Laugh Factory inside Times Square's once X-rated Show World building. In the suit, Laugh Factory owner Jamie Masada (pictured) had claimed that Show World head Richard Basciano was hiding millions from him, threatened him with a gun and told him that "somebody could be killed if a certain comic was booked again. Basciano, an associate of the Gambino and Bonnano crime families, told the News that he was regretful for the "misunderstandings." Masada said, "We are pleased we were able to reach an amicable settlement" and that he "wishes Mr. Basciano all the best in his future endeavors." There was no word still on which comic could have really ended up killing if they had come back to the Big Apple—any hopes as to who it might be?

Email This Entry


Comments (5) [rss]

Carrot top aka "Box Office Poison"

Funny, Andrew Dice Clay was my first thought also. Although Gallagher and Carrot Top wouldn't be far behind on my list.

Post a comment (Comment Policy)

Tips

Get your daily dose of New York first thing in the morning from our weekday newsletter, now in beta.

About Gothamist

Gothamist is a website about New York. More

Editor: Jen Chung
Publisher: Jake Dobkin

Newsmap

newsmap.jpg

Contribute

Latest Tip:

It's the same media that NEVER mentioned Muslims' hatred of Israel as a possible motive for 9/11.
[more]

Latest Photo:

Subscribe

Use an RSS reader to stay up to date with the latest news and posts from Gothamist.

All Our RSS

Follow us