Vid Biz: CBS, NetfliXbox, Adconion

CBS Drops Moblogic; network stops creating new episodes; host Lindsay Campbell is still under contract with CBS, but evaluating new opportunities. (Moblogic: MediaMemo; Campbell: Beet.TV)
Netflix on Xbox Missing Sony Movies; omission not because of ill will between competing game console makers, rather Netflix didn’t get the proper licensing work done. (CNET)
Adconion Buys KTV Digital Media; acquisition will be used to create branded entertainment division to make content for advertising partners. (TVWeek)
Queen Rania of Jordan Receives YouTube Visionary Award; the queen honored for her work encouraging youth to overcome stereotypes of Muslims and Arabs. (Variety)
NBC Kicks Off “iCue” Facebook App; game challenges viewers to answer questions based on footage from real news events. (MediaWeek)
MySpace “UGC” Movie to Open Jan. 27; Faintheart gets a one-day, free-of-charge screening in UK cinemas and online. (The Hollywood Reporter) (See our previous coverage.)
GazProm Completes RuTube Acquisition; the YouTube of Russia believed to be picked up for $15 million. (TechCrunch)