Magnolia Pictures will distribute Wayne Wang's The Princess Of Nebraska as a free release on YouTube's recently launched internet platform YouTube Screening Room on October 17.

The release of The Princess Of Nebraska ties in with Magnolia's theatrical release of Wang's companion film A Thousand Years Of Good Prayers on September 19. Magnolia, Cinetic Rights Management and YouTube collaborated on the parallel distribution strategy.

'The Princess Of Nebraska is about a young woman from China who tries to locate her identity through different kinds of new media,' Wang said 'The piece was shot with this kind of mentality with various kinds of easily accessible digital sources. I am very excited that the distribution will be consistent with the way the piece was conceived and produced!'

'The internet's ability to provide free streaming video is going to radically redefine independent film's access and availability to its audience,' Magnolia Pictures' Ray Price said. 'It provides a new platform, which can free us from the top ten mentality in the same way that FM radio did for the music business.'