Vid-Biz: Layoffs, Comcast, Yahoo

Warner Bros. May Lay Off 1,000 Workers; cutbacks due to WGA strike. (Reuters)
Comcast’s tru2way Does Away With Set-Top Boxes; platform will be baked directly into the devices and will let developers create interactive features. (TVWeek)
Yahoo Partners with Belo for Local News Coverage; Yahoo to host video clips from 13 TV stations for coverage of cities including Austin, Texas; Portland, Oregon; and St. Louis. (release)
NBC Revamps Nightly News Site; new features include the nightly telecast, extended interviews and web-only segments. (The Hollywood Reporter)
MediaFLO Gets More Network Content; mobile TV platform to add shows from CBS, NBC, MTV and FOX. (Broadcasting & Cable)
Wallstrip Founder Starts New Private Equity Fund; Howard Lindzon unveils Knight’s Bridge Capital Partners, an $80 million private equity fund with Kenny Finkelstein. (Howard Lindzon blog)
National Lampoon Buys; famed comedy brand buys UGC site dedicated to college students doing dumb things. (paidContent)