NewTeeVee breaks down what it costs to make a webisode. According to Chris Albrecht, " A good starting point to create a web series, according to a number of producers we asked, is about $1,000 dollar per finished minute."
This doesn't add up to the terms of the deal between the AMPTP and the DGA (which was featured on the DGA's website): "All original content above $15,000/minute or $300,000/program or $500,000/series, whichever is lowest. Original content below the threshold will be covered when a DGA member is employed in the production." Just sayin'.