By Jay A. Fernandez | Indiewire May 22, 2012 at 2:27PM
Submarine Entertainment has licensed three films to on-demand hub SnagFilms: “Letters From the Big Man,” “Hi My Name Is Ryan” and “Arias With a Twist: The Documentary.” SnagFilms now has exclusive cable VOD and digital distribution rights to the films in the U.S. and will release the trio across all platforms later this year.
“All three of these acclaimed films bring great stories to the screen,” said SnagFilms CEO Rick Allen. “We are pleased to be working closely with Submarine Entertainment on their broad distribution via our digital and cable partners.”
Submarine’s David Koh, Josh Braun and Dan Braun negotiated the deal with SnagFilms’ Andrew Mer. (Full disclosure: SnagFilms is the parent company of Indiewire.)
Christopher Munch’s “Letters From the Big Man,” which had its premiere at Sundance in 2011, stars Lily Rabe, Jason Butler Harner, Isaac C. Singleton Jr., Don McManus and Karen Black in the story of a Forest Service employee who stumbles across a sasquatch in the Oregon wilderness.
“Hi My Name Is Ryan,” from filmmakers Paul Eagleston and Stephen Rose, is a documentary about punk rock performance artist Ryan Avery that had its premiere at the SXSW Film Festival in 2008.
Bobby Sheehan’s “Arias With a Twist: The Documentary” focuses on the 2008 collaboration between cabaret and drag artist Joey Arias and master puppeteer Basil Twist. The film, which played the Berlin and Tribeca fests in 2010, features David Bowie, Divine, Keith Haring, Jim Henson, Grace Jones, John Malkovich, and others.
Also Tuesday, Submarine announced a new label called Torpedo Pictures that it is launching with Dakota Group Ltd. The new label will be home to a slate of low-budget sci-fi, horror and thriller genre films in the $500K to $1.5 million budget range.
Dakota Group Ltd. will finance the pictures with foreign partners, while Submarine will rep worldwide rights and find distribution partners.
"The initiative is to make the best movies with the best and most inventive directors at a modest budget,” said Koh, the Braun brothers and Stanley Buchthal of Dakota. “Our goal is to provide a platform for filmmakers to showcase their true talent given this constraint.”