Vid-Biz:, FBN, Three Sheets to Offer Paramount Movie Clips; virtual world for young adults will enable avatars to display snippets from movies like Ferris Bueller’s Day Off and Clueless. (MediaWeek)

Fox Business Channels Goes Mobile; network gets a live channel on MobiTV. (Multichannel News)

Three Sheets Premiering on Hulu; MOJO HD show about drinking now online, moves to TV on April 10. (Hulu Blog)

Google Says Online Ads Just as Good as TV Ads; surprise! YouTube’s owner tells group of marketers that 30 second spots work great online. (MediaPost)

Carded Launches Season 2; snarky video-greeting company models new cards after a web show. (10ton Blog)

Heavy Goes Australian; men’s video site launches new division Down Under. (emailed release)