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Vid-Biz: YouTube, TV Apps, Adobe

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YouTube Launches Call-to-Action Overlays; Promoted Videos can now feature links that take traffic off the video site. (YouTube Biz Blog)

Will TV Get an App Store Moment? The pieces are in place, but there is no clear winner yet, though Microsoft, Apple and Nintendo have the edge. (GigaOM Pro)

Adobe to Shut Down N. American Operations This Week; move made to cut operating costs; similar closures are planned for the third and fourth quarters as well. (Bloomberg)

DCN Studios Gets Funding to Create Web Series for College Kids; David Salzberg and Christian Tureaud will be the studio’s co-presidents, content will be distributed through the Digital College Network, which provides programming directly into colleges, online and via live events. (paidContent)

6Rounds Launches Video Chat Service; company looks to add layers of fun and social on top of the standard vid chat. (TechCrunch)

BBE Renews Jen and Barb, Mom Life; female-targeted web series featuring moms talking about tough issues returns July 15. (MediaWeek)

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