Huffington Post co-founder Kenneth Lerer is a Bedrocket investor, as is Nancy Tellem, former CBS network president.

WSJ: Web TV's New Lineup

Today, Microsft announced that it has hired president of CBS Television Entertainment Group Nancy Tellem to head up a new original programming wing.

FORBES: Xbox Snags NBC Exec to Produce Original Programming, and There's a Sea Change Coming for Television

Today Mehdi, along with Nancy Tellem, president of entertainment and digital media at Microsoft, participated in a D: Dive into Media session, facilitated by Peter Kafka, to discuss that journey and the opportunities that lie ahead.

ENGADGET: Microsoft talks plans for premium content production, details Xbox 360's transition to an 'entertainment console'

Yusuf Mehdi, senior vice president of Microsoft's Interactive Entertainment Business, just sat down alongside Nancy Tellem, Corporate Vice President at Microsoft LA Studios, to kick off this year's rendition of D:Dive Into Media here in Dana Point, California.

ENGADGET

Nancy Tellem, who left her role as consultant to CBS chief executive Leslie Moonves to join Microsoft as president of entertainment and digital media, has been busy explaining to Hollywood movie and television studios the opportunities that Xbox 360 and Kinect open up for consumers.

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