USA Today broke the story Monday that Michael Eisner feels that the internet is somehow cutting edge and the future of entertainment. His new company is producing a series of daily episodic shows for the interent. Daily!

Former Disney CEO Michael Eisner built his career trying to identify and shape hit movies and TV shows. Now he’s at it again, this time on the Internet.
His investment firm, The Tornante Co., will announce Monday the formation of a studio, Vuguru, that will acquire and develop slickly written, produced and acted Web video.

Vuguru also today will unveil its first show: a serialized mystery called Prom Queen that will roll out over 80 days beginning April 2 with daily installments lasting 90 seconds. It’s co-produced with production company Big Fantastic, in a deal brokered by United Talent Agency.

Read more about it here.