The rise and rise of IP-delivered video continues with the YouTube Screening Room premiere of Wayne Wang's The Princess of Nebraska. Wang is almost certainly the highest-profile film maker to premiere a feature-length film on the web, so that's a marker, of some sort.
That said... at the moment it's US only, so we can't tell you whether the film's any good (although an arc that goes from Smoke to Maid in Manhattan should probably give us a clue).
In the meantime, if you're quick enough, you might catch the World Service discussing it on their daily arts show, The Strand.
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