Vid-Biz: Warner Bros., Kit Digital, Panasonic 3D

Warner Bros. Acquires Turbine, Developer of Lord of the Rings Online; Warner Bros. Interactive Entertainment, the video game division of the Burbank movie studio, said it has acquired Turbine Inc., a Massachusetts developer of massively multiplayer online games. (LA Times blog)
Kit Digital to Power Tribeca Film Festival Video Site; the Prague-based video services company will power video on the Tribeca Film Festival site, which will feature several live events and clips from films from this and previous festivals. (Beet.TV)
Lions Gate Board Rejects Icahn’s Increased Hostile Takeover Bid; the maker of the Saw horror films rejected Carl Icahn’s increased bid to buy the studio for $7 a share, calling the offer “financially inadequate.” (Bloomberg)
Panasonic Ups 3D TV Production by 30%; Panasonic has already increased its 3D television production by 30 percent, as the company has been encouraged by a “strong reaction” to the technology from the general public. (Tech Radar)
CNET to Launch Slate of Web Video; CNET is adding to its growing collection of original video shows with the launch of three new series: CNET Tech Review, Tap That App and preGame. (MediaWeek)
Top China Video Site Steps Up Its Piracy Fight; is trying to shed its reputation for abetting piracy by taking a page from YouTube’s playbook: using technology to “fingerprint” videos, making it easier to find unlicensed copies. (Wall Street Journal)