SnagFilms Blog - Press

• Jan

  31

  SnagFilms Grabs Exclusive Digital Rights to Sundance Drama 'Kinyarwanda'

  Posted by Ross W. Koenig

  SnagFilms has acquired exclusive digital rights to Kinyarwanda, which won the world cinema dramatic audience award at the 2011 Sundance Film Festival, where it had its premiere. The film will debut via SnagFilms partners such as Comcast Xfinity, FiOS, DIRECTV, iTunes, Amazon and VUDU.

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  Filed Under: Press, News
• Jan

  30

  SnagFilms and the D.C. Office of Motion Picture and Television Development Announce Winner of Washington’s Best Film Competiti

  Posted by Ross W. Koenig

  SnagFilms and the D.C. Office of Motion Picture and Television Development
  Announce Winner of Washington’s Best Film Competition
  
  George Washington University Student Film “Released to Life” Named Best Film by D.C.
  Mayor Vincent Gray and SnagFilms Founder and Chairman Ted Leonsis
  
  Washington D.C. – January 30, 2012 – SnagFilms and the D.C. Office of Motion
  Picture and Television Development announced the winner of Washington’s Best
  Film competition today at an event at George Washington University. Student
  film “Released for Life,” produced by students attending The Documentary Center
  at George Washington University’s School of Media and Public Affairs was named
  Best Film by D.C. Mayor Vincent C. Gray and SnagFilms founder and chairman Ted
  Leonsis. Steve Knapp, President of George Washington University, was also present
  for the award ceremony and screening of the film.

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  Filed Under: Press, News
• Jan

  30

  SnagFilms Grabs $7 Million to Share Indie Movies Online

  Posted by Ross W. Koenig

  Peter Kafka All Things D- Wall Street Journal It’s easy to find blockbusters like “Transformers” online. What about movies like “Casino Jack and the United States of Money”? That’s where SnagFilms comes in. The start-up has distribution rights to more than 3,000 indie movies, which it shoots out to platforms like Netflix and Hulu. The four-year-old company is best known for the documentaries it puts out, like “Casino Jack,” the story of the disgraced political fundraiser Jack Abramoff; others include “Super Size Me” and “Enron: The Smartest Guys in the Room.” Now SnagFilms has raised another $7 million, following up a $10 million round from a year ago. Earlier investors like Ted Leonsis, New Enterprise Associates and Comcast have re-upped; new investors include Terry Semel, the former Warner Bros. studio and Yahoo boss.

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  Filed Under: Press, News
• Jan

  30

  SnagFilms Closes New Financing Round

  Posted by Ross W. Koenig

  Market Watch- Wall Street Journal
  All Current Investors Participate; New Investors Terry Semel and David Fialkow Added Washington, DC – January 30, 2012 – SnagFilms announced today that it has
  closed a new, seven-figure financing round to accelerate the growth the company
  achieved in 2011. All current investors participated, including SnagFilms founder
  and chairman Ted Leonsis, Steve and Jean Case’s Revolution, the John S. and James L. Knight Foundation, New Enterprise Associates (NEA) and
  Comcast Ventures, along with two new investors: veteran media and
  internet executive Terry Semel (who also joins the Company’s Board) and David
  Fialkow, co-founder and managing director of General Catalyst Partners. In addition
  to new equity, the company has arranged its first debt facility with Silicon Valley
  Bank. Total available equity and debt financing is $7MM.

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  Filed Under: Press, News
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