Yesterday at LCC Futures the Microsoft demo of server streaming used Big Buck Bunny for content. Attribution is all that is asked on creative commons terms. Surely they should mention that Blender is available and that many open source graphics options are on the scene.
Other than that the Silverlight aspects seem to work ok. No sign of Adobe so far but the story is much the same. Convergance of phones and TV sets sometime soon. Video everywhere.
Meanwhile the LCC is being reorganized around "design" and "media" though i don't understand this so far or where "print and publishing" fits in.