Complex sentence: SnagFilms also owns indieWire, an online publication covering the independent film industry and SnagLearning, which categorizes educational documentaries from the SnagFilms library by grade level and content area, and was formed two years after the launch of SnagFilms.
Split into simpler sentences: SnagFilms also owns indieWire, an online publication covering the independent film industry. SnagLearning which categorizes educational documentaries from the SnagFilms library by grade level and content area was formed two years after the launch of SnagFilms.