Actor Morgan Freeman and chipmaking giant Intel are teaming up on a new venture to distribute premium movies to consumers over the Internet before the films become available on DVD.

Freeman and Intel executives announced the new digital entertainment company Wednesday at an annual retreat for chief executives of top media companies in this mountain resort.

Intel is investing an unspecified amount of money in the new venture. Called ClickStar, it was formed by Revelations Entertainment, a company Freeman created in 1996 with producer Lori McCreary. (more…)