AOL Closing Entertaindom Site

AOL reports today that it will be closing Time Warner's Entertaindom network as of February 1st. Sources close to the news told ZDNet that the operations will relocate into the larger Warner Brothers Online site. The Warner Bros. spokesperson told reporters "We're looking at what makes sense for the long term." Another source told ZDNet the cutback could be signs of future plans for "massive layoffs, cutting really deep through Warner and Time Warner." For more information read over at ZDNet.