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SnagFilms Lands Another $7 Million in VC for Indie Flicks

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This story appears in the June 2012 issue of Entrepreneur. Subscribe »
Rick Allen of SnagFilms sees the big picture for indie movies.
Photo© Erika Larsen

Even with high-powered producers such as AOL vice chairman emeritus Ted Leonsis and media executive Rick Allen, the odds against the documentary Kicking It finalizing a distribution deal were dizzying. After all, this was a flick about a social enterprise that uses soccer to help homeless people--not the easiest of sales.

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