12/10/1998 AT 12:00 AM EST
Watch out, Sundance and Cannes. Leonardo DiCaprio is launching his own film festival - online. The Hollywood Reporter says the actor is launching LeoFest, an Internet-based short film festival. The first Annual Leonardo DiCaprio International Online Short Film Festival will provide "a forum, a place to show your talent," says the actor, who has enlisted the help of his mother, Irmelin. Her Birken Interactive Studios will run the festival and money made from the festival will go to Leo's environmental charity, the Leonardo DiCaprio Foundation.