Spike Lee is teaming up with online streaming media company Babelgum to launch an international online film festival aimed at showcasing talent from around the globe. "There's this misconstrued thinking that all talent is in Los Angeles or New York," Lee said. The festival will have six categories: short films under 20 minutes, documentary, animation, advertising, social and environmental films, and best emerging talent with winners receiving $20,000. CBC has the details.