60Frames halts operations

May 06, 2009 The UTA-backed firm, one of the first to specialize in the creation and financing of video programming for the Internet, is laying off its seven remaining employees. 60Frames already dropped six other staffers last October. The firm had sold as many webisodes as any of its competitors to top buyers like TheWB.com, Sony’s Crackle and FunnyOrDie. 60Frames had even managed to sell one Web project, “The Carpet Bros.,” as a TV pilot to HBO with former “Saturday Night Live” writer Jeff Piedmont attached. The shuttering of 60Frames will likely send a shudder through the nascent digital-entertainment category, which is struggling to produce meaningful revenues as ad dollars and venture capital dry up in a tough economy.

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