I found the pitch for MyFilmU.com over at Vator.tv. It is pretty interesting. It appears the company takes scripts/pitches from students at various schools. Then picks some to produce. Here is a sample of an upcoming show at Montana State University — Textbook. From their about us page.
Founded in May 2006, MyFilmU.com is an online broadcast network for college students by college students. MyFilmU will provide the next generation of filmmakers with the incentives, resources, and platform necessary to generate on-campus series’ within a large cross-section of colleges and universities, creating a rich set of programming by some of the world’s best young creative talent.