The scheme will allow consumers to download first-run, pre-DVD release films via a broadband connection.
Freeman and producer Lori McCreary have formed a company with Intel's backing called ClickStar to provide the service.
"ClickStar addresses the growing worldwide consumer demand for digital content, especially filmed entertainment," said Freeman.
"Our goal is to deliver first-run premium entertainment to film fans around the world and to make films easier to buy than to pirate."
No major studio has yet announced that it is taking part, but discussions are continuing.
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