Los Angeles-based Or Die Networks, the company behind Will Ferrell's FunnyOrDie.com web site, said today that it has launched a new web site focused on the video game industry, PwnorDie.com. Or Die Networks said that the new site will focus on breaking news, information, commentary, and entertainment around video games. The site will feature both user generated and other gaming videos, content from major game companies, game walkthroughs, and will also cover major gaming events; the site will be headed by Nick Smith, an entertainment industry graphic designer and gamer.