Microsoft ventured into the ‘original video’ business in the mid-late 90s, but due to slow dial up connections was unable to find a business model that would work.  However, if once you do not succeed, try, try again.
MSN Originals will be created by Reveille, the creators of The Office and The Biggest Loser.
MediaPost says they [...]

Businesses that change and adapt according to market demand will be successful.  Comedy Central has announced that on November 1 they will be releasing a comedy site that offers users a television-like experience.  Short video and skits wll be downloadable at no charge on this new site.
“We’ve taken everything that is great about Comedy Central [...]