As they mention on their site:

We want to send you on a five-day, expenses paid trip to the South By Southwest Interactive 2010 festival. Tell us your story and you could be headed to Austin on us. Plus, we're giving away three Flip Mino video cameras and a bunch of sweet T-shirts.

It's simple to enter: just make a video. In 60 seconds or less, make a case for open video. Then upload it anywhere and tell us the URL. You can make any case you like, in any form you like.

It can be in any language, any form, and any topic related to open video issues, to be posted before January 31, 2010. All videos must be licensed under Creative Commons Attribution (CC BY) or other applicable license. For ideas of what to make the video about, they have a page with a list of topics or issues you can check before making or posting the video. Don't forget to check the FAQ as well.
So what is South by Southwest (SXSW) Interactive. It is a series of events and conferences which take place in Austin, Texas:

SXSW Interactive features five days of compelling presentations from the brightest minds in emerging technology, scores of exciting networking events hosted by industry leaders and an unbeatable line up of special programs showcasing the best new websites, video games and startup ideas the community has to offer.

Some of the issues relevant to the contest are Art & Remix Culture and Fair Use; Citizen Journalism, Activism and Human rights; Collaborative video; Commons & Licensing; Device Freedom; Digital Divide; Education and video; Royalty-free Codecs; Media Consolidation; Net Neutrality; Privacy & Censorship and Universal Accessibility.
Some of the videos that have been uploaded already on the site are:

Be smart, support open video from Adi

Egypt’s chief Egyptologist Dr. Zahi Hawass called American pop-star Beyonce a “stupid person” during her brief tour of the Giza pyramids:

during Hawass’ self-guided tour, he said “I showed her the Sphinx and I gave her a book on King Tutankhamen,” but then his anger and frustration made its way to the forefront.

“Then he stopped being diplomatic and said in anger, ’she’s a stupid person and she doesn’t understand a thing and she doesn’t want to understand’,” wrote Summer al-Gamal for Al Shorouk Newspaper.

Hawass is known for his outbursts. A number of foreigners have told Bikya Masr that he has employed Arabic to insult others at dinner events and gatherings, believing the non-Egyptians will not understand his Arabic. Beyonce, obviously, did not understand his jabs, Gamal said.

And speaking as an honored guest at the Cairo International Film Festival, Salma Hayek described how she was sexually harassed in Egypt when she was 17:

Hayek said she went on a touristic tour of Cairo, visited the Pyramids since her arrival earlier this month and expressed her happiness to visit Egypt for the second time in her life and that she thinks the country is very safe, saying she could accompany her daughter in the streets of Cairo without fear. In her native Mexico, where kidnapping is commonplace, this would be unheard of, the Frida, From Dust till Dawn and Fools Rush In star told the audience.

But, she recalled memories of her first visit to Cairo 26-years ago when she was 17, which immediately garnered the applause of the audience for revealing her age.

Berlin Wall by Natalie Maynor

Today is the 20th anniversary of the fall of the Berlin Wall, a complex security structure that once divided East and West Berlin in Germany. Today we are showcasing some of the videos from throughout the globe that are being uploaded to commemorate this date and what it meant to barriers not only in Germany, but throughout the world.

In Germany, a series of giant domino pieces crafted out of foam were erected, to be toppled down to mark the end of the Cold War. This video by NoCommentTV shows the dominoes, which were painted by children in Germany and also by artists living in other areas where there are divisions and walls, being set up. This other video's embed option has been disabled, but you can view how the dominoes were toppled by clicking this link to see it on its YouTube page.

In Colombia, students reenact the fall of the wall, by taking turns to demolish a concrete slab:

From Germany, domino toppling fan Annodomino2007 has uploaded his own domino tribute to the fall of the wall, and also to the 10 year anniversary celebration which kickstarted his passion for dominoes:

In the USA, college students erected a replica of the Berlin Wall that could be written on, as a way to raise awareness:

From Mexico, VarinVxx uploads a video featuring another wall that is still standing, in: Is not Berlin, is not Palestine is US Mexico border The Wall of Shame in USA :

Krista Schyler also makes the comparison between the Mexico/US wall and the Berlin wall, in this case, not only focusing on the impact on human migration, but from a wildlife conservation angle as well:

This pilot for a documentary by Ziashere showing s other walls that are still standingIn this pilot, one in Ireland:

This last video is 2 years old, but is still relevant: adamfilmaker interviewed youth both from the North and South of the Nicosia wall in Cyprus, a green zone patrolled by UN blue helmets  that divides Turkish Cypriots and Greek Cypriots, earning the distinction of being the last divided capital of the world.

Image by Natalie Maynor used on post according to Creative Commons Attribution License.

One of the initiatives is Sadaka Reut, and this is what they say about their program:

With the majority of Palestinian and Jewish youth physically segregated from one another (in separate communities and schools) and fears, racism and prejudice the result, we look to build alternative models for interaction between the two groups. The ‘Building a Culture of Peace’ program seeks to create a space in which both Palestinian and Jewish youth may feel equal, respected and recognized as individuals and as national collectives.

The members of their program have also been participating in the One Minute Video Project, where they learn about video activism during a one-week workshop. Here are some of the results, and you can see the rest by clicking through to their site:

Arab:

AM/FM:

Few Love Singing:

Another initiative is the Windows for Peace project, which started back in 1991 as an effort to produce a bilingual and bicultural magazine for youth as a way for them to connect and learn about the conflict, promote equality and empower youth. However, it hasn't been easy, as they explain on their site:

It is no simple task for Israeli and Palestinian youth to overcome the vast amount of misinformation and stereotypes they are taught about one another. The limited availability for interaction, a result of living in mostly segregated communities and exacerbated by the ongoing violent political conflict, perpetuates the historical fears, prejudice, and hatred that divide the two peoples. Windows is therefore dedicated to fostering large scale change in the way Israeli and Palestinian youth see themselves, “the other” and the conflict. Participants in Windows programs go through experiences that promote conflict transformation among both peoples, towards a peaceful reality with which both sides can live. We believe that a just and lasting peace must be based on democratic values, human rights, and mutual knowledge and acceptance of “the other.”

They are also working on a new initiative called Through the Lens, where 15 to 17 year old youth who “graduate” from the magazine continue developing skills to create short films, news pieces and other video productions to further “productive, peace-building dialogue and positive interaction”.

Here is a video where the participants of Windows speak about their experience in the group and how they have dealt with the challenges it represents to get out of their comfort zone and speak about difficult topics such as the conflict between Israel and Palestine:

As the children in the video state in so many words: they may have a hard time dealing with many of the opinions and perceptions other children express, but having the space to discuss issues in a safe and secure manner helps them understand the world they live in with a possibility to interact, learn and share with other children and youth and even change these perceptions.