Until today, nothing much has been known about the Red Dead Redemption TV Special which was revealed in April, and later delayed earlier this month. Rockstar revealed this morning that the special is actually an Original Short Film made using Redemption as a "virtual studio":

The 30 minute short film, created and directed by John Hillcoat (the director of The Proposition and The Road), chronicles a slice-in-time of protagonist John Marston as he tracks down his former fellow outlaw and friend, Bill Williamson.  Along the way, Marston encounters many of Red Dead Redemption's eclectic cast of dreamers, misfits and liars.

Using the world of Red Dead Redemption as a virtual film studio and created entirely with in-game assets and technology, Hillcoat re-imagines Marston’s pursuit of justice and salvation. 

Also interesting to point out is the fact that it will be available online for those of us not in the US to see. When and where it will be available online hasn't yet been revealed, but Rockstar has commented that information regarding its online availability will be released soon.

Be sure to tune in, sounds like it will be a very interesting experience!

Newswire: An Original Short Film Made from Red Dead Redemption Airing on FOX this Saturday Night