ReelTime VR's New Technology Becomes First to Film VR Series in Both Virtual Reality and 4K TV Formats
24 July 2018 - 9:56PM
InvestorsHub NewsWire
ReelTime VR's New Technology Becomes First to Film VR Series in
Both Virtual Reality and 4K TV Formats Simultaneously Breaking
Barriers Between Revenue Platforms
Seattle, WA -- July 24, 2018 -- InvestorsHub NewsWire --
ReelTime VR (OTCPK:RLTR) has become the first to utilize a
proprietary technology developed by ReelTime VR that allows it to
film in both full 360 x 360 Virtual Reality formats and
simultaneously film in formats compatible with traditional
Television platforms. This will allow ReelTime VRs shows it
produces to not only be available on the rapidly growing premium VR
portals it is currently available on, such as Gear VR, Oculus, Sony
Playstation VR, Veer.tv, Littlstar, HTC Vive, YouTube 360,
Etc. but now it will also be available for distribution over
mainstream Network Television formats as well worldwide.
Shooting in VR is far more complex that traditional Film or TV
Production, yet the monetization models are nowhere near as defined
nor traditionally lucrative, making the cost justification of a
single medium challenging. With ReelTimes new technology, not only
are the able to produce industry defining VR content, but now the
same footage can be used to create traditional video that can be
viewed and monetized through television, theater, and other
two-dimensional outlets. In addition to the new technology allowing
the content creator to simultaneously produce in both formats which
was never before possible, but it enhances the production quality
of traditional video while actually lowering the costs and
increasing profits.
ReelTime will begin utilizing this innovative technology in its
production of Its award winning Virtual Reality travel series “In
Front of View” starring international superstar Front Montgomery
and her daughter Leonie Montgomery. The series begins filming its
second season in Thailand this week and is shot in both English and
in Thai. ReelTime VR is also entertaining licensing agreements with
select other VR, film, and TV producers to allow them to gain a
competitive advantage as well.
Barry Henthorn ReelTime VRs CEO/CTO stated: The Virtual Reality
audience is rapidly growing, and we have been very successful in
establishing ReelTime VR and its series as premium content that is
enjoyed worldwide. Still, VR makes up only a sliver of the audience
potential of traditional television and other flat media. Now we
can shoot our scenes in full 4k Virtual Reality and traditional
formats at the same time utilizing our technology, making them
available to enjoy not only by the influencer VR crowd, but by
anyone who has a television, computer, or mobile device. “
ReelTime VR is a pioneer in Virtual Reality technologies and
just last month announced that it had received patent-pending
status from the United States Patent and Trademark Office (USPTO)
for their non-provisional patent application covering apparatus and
method claims for technology involving simultaneous capturing of
360 X 360 degree Spherical Panorama Images and Video. The
technology was featured during a Bold Patents spot on CNBC during
Shark Tank and was referred to as having the “power to shift the
entire industries” by J.D. Houvener , author of “Bold Ideas”.
This technology allows any cell phone or other camera to
instantaneously capture 360 X 360 Virtual Reality Video or pictures
without any need for stitching. The VR content is compatible
with and can be shared via 360 capable social sites in real time
such as Facebook, or YouTube, and on any professional VR platform
such as Oculas, Gear VR, Veer VR, Playstation VR, Littlstar, and
the HTC Vive.
About ReelTime VR: ReelTime Rentals, Inc.
DBA ReelTime VR www.reeltime.com is a publicly traded
company based in Seattle, WA (OTCPK:RLTR). ReelTime is in the
business of developing, producing, and distributing Virtual Reality
Content and technologies. We have end to end production, editing,
and distribution capabilities for internal and external projects.
ReelTime Currently produces three ongoing series for the Samsung
Gear VR platform and distributes them over numerous VR delivery
portals including Gear VR, Oculas, Veer VR, HTC Vive, YouTube 360,
Facebook, and others. ReelTime Media also publishes the book
“It Was Always Me – Edwards Edwards the most Prolific Serial Killer
of all time Which has been the subject of a cover story on People
Magazine, Rolling Stone, In Touch, and a six part series on
Paramount network, www.itwasalwaysme.com .
Contact: ReelTime VR Barry Henthornceo@reeltime.com
Reeltime Rentals (PK) (USOTC:RLTR)
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