Rockstar has just announced the first Episodes from Liberty City PC Video Editor contest, entitled "Base Jumping Extreme Film Festival". From the official announcement:

Strap on a parachute in The Ballad of Gay Tony and use the PC version’s in-game suite of video editing tools to make the most creative contest entry clip you can. A balls-out short action film? A base jumping commercial? An aerial music video? A creative montage of parachute stunts? We know you’ll amaze and surprise us as always.

The possibilities are endless. Just make sure it's at or under 5 minutes in length, and somehow, someway – parachuting or base jumping features prominently.

The lucky contest winner will walk away with an NVIDIA GeForce GTX 470 graphics card, along with a prize pack of limited edition Grand Theft Auto n' Episodes from Liberty City swag. Two runners up will also receive Rockstar prize packs.

All submissions must be done via Social Club TV using the in-game video editor. Submissions must be tagged with "base-jumping contest", and will be judged based on editing skills, user ratings, and overall creativity. Official rules and eligibility legalities can be found here.

The contest closes on May 14th, so start jumpin!

Related Links:
Episodes from Liberty City PC Video Editor Contest: Base Jumping Extreme Film Festival