The Comedy Festival, formerly known as the US Comedy Arts Festival, was a comedyfestival that ran from 1985 to 2008. The festival included stand-up comedy performances, appearances by the casts of television shows, and has a film component called the Film Discovery Program. The first 13 editions of the US Comedy Arts Festival were held annually at the Wheeler Opera House and other venues in Aspen, Colorado. Comedian Joe Rogan says the festival's location at the time was for the "Executives to ski". The primary sponsor of the festival was HBO, with co-sponsorship by Caesars Palace (the primary venue), TBS, GEICO Insurance, Twixcandy bars and Smirnoff Vodka. In-between, HBO had started a spin-off version simply named The Comedy Festival, which was held in Las Vegas, Nevada, since 2006 in collaboration with the Anschutz Entertainment Group. The Aspen event folded in 2007 once HBO exited the festival business, considering the expenditures too high.TBS picked up the Las Vegas event in 2008, and organized a follow-up edition that year, also arranging for other comedy festivals in collaboration with Just For Laughs. In turn, Aspen replaced the festival with similar events, the Aspen RooftopComedy Festival and the Aspen Laff Festival.