Los Angeles - Babelgum, an online TV network that uses peer-to-peer distribution technology, has announced that the first film to receive funds from its $15 million digital studio initiative to produce original content will be "Oil Sands," a feature-length environmental documentary, Variety reports. The amount provided to the producers is said to be a mid six-figure sum. The film will be distributed on the site in 15-20 minute clips.

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