From their Site, “Sign up now to watch the best israeli films & television. Browse through our ever expanding catalog of award-winning feature, documentary, shorts and television programs, that are available to watch instantly on your screen.” There is a fee to stream the films. $3-6 each as of now 9/2012. http://www.israelfilmcenter.org/STREAM
My favorite site for news in Hebrew is Walla. The Hebrew site is at: http://www.walla.co.il/ . They have pretty good radio stations too – if you want to listen to music in Hebrew but make your selections from an English menu go here: http://radio.walla.co.il/ts.cgi?tsscript=index.english&fg=1
This site is a terrific news site for Israel, they offer an English version and a Hebrew version. http://www.ynetnews.com/ and http://www.ynet.co.il/ Its great practice to read the Hebrew version, and then flip over to the English when you don’t understand something. The company has a great product too called the Megaphone run by Collactive at this address: http://my.ynet.co.il/collative/ The idea behind the Megaphone is that you get desktop delivery of hot news, and a way to proactively respond to legislators, etc. about the news. Its a really powerful community tool.