60Frames Shuts Down

Los Angeles-based 60Frames, an online entertainment studio developing professionally produced, online content, has reportedly shut down, according to The Hollywood Reporter. 60Frames had raised $3.5M in funding in 2007, from Tudor Investment Corporation and the Pilot Group, and was apparently unable to raise a second round of financing. 60Frames had been incubated within the United Talent Agency and Spot Runner.