Los Angeles - Microsoft (NASD: MSFT) has agreed to sponsor a 12-episode second season of the online series "The Guild," which stars and is written and produced by Felicia Day ("Buffy the Vampire Slayer"), according to The Hollywood Reporter. The episodes will first appear on Xbox Live, MSN and Zune digital media players for four weeks, after which time they will be offered for free on WatchTheGuild.com. Day will retain rights to the show, which garnered 9 million views in its first season, and was largely financed via PayPal donations.

Related Links:
http://snipurl.com/6pt98 (Hollywood Reporter)

http://snipurl.com/6psb9 (Ars Technica)

http://www.watchtheguild.com