B-Side to distribute indies

Dade Hayes reports today that B-Side has a bunch of money to distribute films:

B-Side Entertainment, a 4-year-old tech company with a sizable profile in the film festival world, has landed $4.25 million in new financing and plans to enter the feature distribution biz.

The Austin, Texas-based company, which runs websites that handle ticketing and mine audience response data for 250-plus fests in North America, has hired indie film vet Paola Freccero as distrib prexy. Her aim is to distribute 10 pics in 2009 through an array of theatrical, nontheatrical and ancillary outlets.

Article also notes that Liesl Copland of Red Envelope fame has become an agent at Endeavor.