Back in 1965, Jim Henson, the great puppeteer, wrote, directed and starred in a short experimental film, Time Piece, which premiered at the Museum of Modern Art in NYC. Running a short nine minutes, the film takes a surreal look at the passing of time. And, despite veering off into rather strange territory, the film struck a chord with critics and the film community. Time Piece would be nominated for an Academy Award, and we have now listed it in our collection of Free Movies Online.
via Muppet Wiki and NYMag
Bad link. It was had a take down by Henson company. But they put it back up under their own YouTube account.
http://www.youtube.com/watch?v=oDwCwMIRJlI