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'