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The Comedy Channel existed in the days before the basic Sky Multichannels subscription package, so was made available as a premium service to subscribers of either Sky Movies or The Movie Channel. Listings for the channel were carried in Radio Times and other listings magazines.
The network lost its broadcasting rights following the expiry of the contract between the BBC and former BSB. Eventually the channel closed on 30 September 1992 to be replaced by Sky Movies Gold, a service dedicated to "classic movies". Following the end of the contract with Sky, the BBC's archive programming was subsequently used to launch UK Gold on satellite and cable from 1 November 1992.
Sky would not relaunch a comedy-based channel until the arrival of Sky Comedy on 27 January 2020, it retains a minority interest in the domestic version of ViacomCBS's Comedy Central.