SnagFilms Acquires another Sundance Film Festival Winner

SnagFilms already has more than 20 films in its library that have won or been nominated for an award at the Sundance Film Festival. As this year’s Sundance Film Festival comes to a close, SnagFilms announced the acquisition of another Sundance award winner (in 2011) — “Kinyarwanda.” This incredible film is based on true accounts of the Rwandan genocide. A powerful story, well told. Roger Ebert gave it four stars and listed it as #6 in his top 20 films of 2011. It was also recently nominated for three NAACP Image Awards. Look for it on cable video on demand and online pay-on-demand platforms in the coming months from SnagFilms. Read more here.

SnagFilms Closes New Round of Financing

New equity for SnagFilms from all our current investors plus new investors Terry Semel and David Fialkow. A true testament to our investors strong belief in SnagFilms and its tremendous future. The new equity will be used to further expand SnagFilms film library, invest in technology development to provide films on all digital platforms and devices, and to market the films on these platforms. Read more here.