Thursday, May 9, 2013

TheWrap TV - Entertainment Industry Analysis, Breaking Hollywood News: With $3M in New Cash, Will Yekra Help Filmmakers Profit Online?

TheWrap TV - Entertainment Industry Analysis, Breaking Hollywood News
With $3M in New Cash, Will Yekra Help Filmmakers Profit Online?
May 9th 2013, 14:15

Louis C.K. and Aziz Ansari have made millions selling their own stand-up specials online thanks to their fame, but the average filmmaker struggles to find an audience without a big name to push the project.

Enter Yekra, a new digital distribution platform that connects filmmakers with partners that can deliver millions of fans who will buy or rent a movie. It just raised $3 million in financing through a Series A round led by Las Vegas angel investor Maurice Gallagher, UK-based Bray Capital and angels Shay O'Brien and Michael Rogers.

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