The Inside Story of Justin Bieber's Funny or Die Takeover

Times are tough in the entertainment biz. Network TV viewership continues to fall, jobs cuts are a fact of life, and latte budgets are reportedly being slashed in executive suites all over Hollywood. Enter 16-year-old pop throb Justin Bieber, who swooped in to purchase the sketch comedy Web site Funny or Die on Thursday (April 1).

"The timing just seemed right for 'Bieber or Die,' " Bieber