DivX, Inc. announced the launch of DivX Film Festival, an online video festival devoted to creativity, storytelling and improving digital media. It is the first of its kind in Stage6, an online video sharing community, owned by DivX.

Filmmakers may submit their DivX video entries in an array of genres, including animation, comedy, documentary, fiction and music. The final deadline for submissions is April 30, 2007. Prizes range from DivX Certified hardware and software bundles to US $5,000 cash, including a top of the line DivX Ultra Certified DVD player and digital camera that records DivX video.

“The DivX Film Festival empowers filmmakers to share their work in the highest level of visual quality with other movie aficionados from all over the world,” said Darrius Thompson, CXO, Community and Internet, DivX, Inc. “We are excited to host this festival on Stage6, as we continue our mission to help content creators grow communities around their own unique brands.”