Filmmaker

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SnagFilms

SNAG FILMS EXPANDS TO FICTION, HIRES BINGHAM RAY

At All Things Digital’s BoomTown column, Kara Swisher is reporting that the ad-supported streaming service (and owner of IndieWire) Snag Films has hired distribution veteran and October Films founder Bingham Ray to “spearhead its distribution of fictional narrative and foreign-produced independent films.” These announcements accompany news of $10 million in new financing from Comcast’s investment arm and New Enterprise Associates. From the piece: Currently, SnagFilms has 2,000 films in its online library, although [Snag Films founder Ted] Leonsis said the aim is to use the new funds to get 10,000 films on the service as soon as possible. “We’re trying […]
by Scott Macaulay on Jan 16, 2011

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