Jon Lovitz talked to Entertainment Tonight about the new three-story, beach-themed comedy club he plans to open at the end of May in the CityWalk complex at Universal Studios Hollywood. He told ET that he worked on the plans with the manager from the Irvine Improv.

There's no Improv sign anywhere. But wasn't Lovitz supposed to be serving out a lifetime contract with Jamie Masada performing Wednesday nights at the Laugh Factory? DEVELOPING…