Online video production company Revision3 has laid off 1/3 of the company and cancelled some shows including: Pixel Perfect, PopSiren and Internet SuperStar.  Rumors are that Jay Speiden (writer/producer/host), Glenn McElhose and Heather Frank (Sr. Producer) have all been let go.

In a cascading effect, SmashFace, producers of Revisions3’s  EPIC FU and Wine Library made a layoff as Revision3 will no longer distribute these programs.

Source: NYT, Kevin Rose Blog