WireBreak Jumps Net For TV
WireBreak Entertainment has restructured its business model to fight going under. As a result, the company has laid off most of its staff except for a few key executives. Started in October 1988, the company quickly moved from being a Web destination site to an online producer and syndicator. Now the firm is moving away from Web content and focusing on interactive television, television and film. Current projects will be outsourced to other production houses.