Online video studio 60Frames has laid off six of its 14 employees, as was first reported by the Hollywood Reporter today. We were able to confirm the report, though the company declined comment. The cuts were made across all departments of the company.
60Frames recently scored a deal with NBC through which its online series will be picked up by the network if they have sponsors. That deal is still in place.
Los Angeles-based 60Frames launched in July of last year with $3.5 million in funding from Tudor Investment Corp. and the Pilot Group, after bring incubated by United Talent Agency and web ad firm Spot Runner.
60Frames competitor Revision3 also made layoffs this week, as have many video startups — and many companies of all sizes — during this recent economic downturn.