At Cannes' MIP TV market last week, Lee joined Italian media magnate Silvio Scaglia at a showcase of Babelgum.com, a new peer-to-peer website that hopes to rival Joost in providing quality TV-style content on the web. Still in Beta mode, Babelgum is planning to launch sometime in the next couple months.

While the site has 1,000 to 2,000 hours of content, according to this CNN article, Lee's "Jesus Children of America," a short film about a Brooklyn teen who learns she was born HIV-positive, may be the only piece of video that comes from such a high-profile director.

In a video available on YouTube, the director of "Do the Right Thing" and "Inside Man" explains his reasoning for joining up with Babelgum. "It's a very important film and I wanted more people to see it," he says. "I think that technology has really brought democracy to an industry that's largely not been a democracy."