Thursday, July 17, 2008

indieWIRE sells to SnagFilms

If you're a filmmaker and you don't read indieWIRE, it's time you start giving it a look see. I've been reading indieWIRE for a good long while now. Finding out about the latest deals at Sundance, reading about how to get a producer's rep and following the many wonderful blogs posted every morning. If you're not a subscriber, consider signing up for the daily newsletters. It sounds like they've forged a deal to take the next big step.

FIRST PERSON | A Letter to indieWIRE Readers

As you can read today on indieWIRE, we have some big news to share. In the waning hours of our 12th anniversary on Tuesday, we signed a deal to sell iW to SnagFilms, a new company founded by Ted Leonsis and backed by Steve Case and Miles Gilburne. We first sat down with Ted and Snag CEO Rick Allen six months ago, but it was a meeting with the two of them at the Morning Ray Cafe, during this year's Sundance Film Festival, that sealed it for us. We knew then that it was just a matter of time before we'd combine our efforts.

No comments: