Update: Babelgum Relaxes Film Fest Exclusivity

Good news for aspriring filmmakers interested in the upcoming Babelgum Online Film Festival we wrote about yesterday.

Babelgum clarified its stance on exclusivity (hooray!) and broadened eligibility for its fest. An updated announcement with new information is up on the Babelgum blog. Here’s an excerpt:

“…2 points which are a little different from the press release posted yesterday (written before the Venice week end, sorry about that).

Babelgum will hold NON-exclusive online rights to all accepted films for 1 year (March 2008 to March 2009) with the only exception of other similar peer-to-peer Web Television services. Details concenrning rights will be outlined in the terms and conditions that will be released on september 15th. Babelgum wants to give filmmakers an important opportunity to advance their careers and not to prevent them from further monetizing their productions, if they have the chance to.

The contest will be opened not just to films screened at international film festivals between January 2007 and February 2008 but to all films professionally produced during that same period. On Spike Lee’s special request, film schools students will be allowed to participate under equal conditions.”