50 Million
Amazon Fire TV Users to
Gain
ReelTime
TV
Channels Adding
to Rokus'
51.2 Million
Monthly Active Users Exceeding
Cable, Satellite Combined
SEATTLE, WA
/ April
27, 2021
/ ReelTime
VR/ReelTime Media (OTC:RLTR) has confirmed that it
is set
to launch ReelTime Media
channels on the Amazon Fire TV
streaming
platform. The ReelTime TV channels have begun
showing up on Roku as announced last week and will be viewable on
Amazon Fire TV in the coming weeks.
The "ReelTime TV" channels will join known cable commodities
now available such as ESPN, CBS,
NBC, AMC, HGTV, CNN, and others who
have launched channels on Amazon Fire TV. The ReelTime
TV
channels will contain a combination
of ReelTime Media original programming as well
as serving up additional other cutting-edge
content. Along with the U.S., Fire TV
is in key territories like Mexico, Brazil, India, Japan and across
Europe, with users streaming "billions of hours of content every
month."
Barry Henthorn CEO commented
"The addition of Amazon Fire TV to the ReelTime TV distribution network
provides ReelTime with additional
advertising
inventory with a potential reach of active users of over 100
million per month. It will further allow us to further monetize completed
productions while attracting advertisers to current and future
productions. It will also introduce our unique programs to a much
larger audience overall."
Roku and Amazon Fire TV are
in a dead heat for the most popular "Cord Cutting" streaming option
with a combined viewership of over 100 million monthly active
users. According to a
new survey, more people currently pay for a streaming video service
than those who subscribe to traditional pay TV
services.
According
to data
published by
the consulting firm Deloitte, 69% of consumers pay for some type of
internet video streaming service, while only 65% of consumers pay
for cable or satellite subscriptions. That's
a
huge increase from 2009, when just 10% of consumers subscribed to
internet video services, and a 10% rise from 2019.
The trend in
these cable cutting data is
fairly
generational. Among
millennials, those aged 22 to 35, 88% subscribe to internet video
services while just 51% subscribe to
cable or satellite. Among Generation Z, those aged 14 to 21, 80%
subscribe to internet video services and 57% pay for traditional
pay TV.
Other
recent news:
ReelTime has formally submitted an
application as a Seasoned Company Seeking to Transfer Equity and/or
Debt Securities from Another U.S. Exchange to be listed on the
NASDAQ Capital Market Exchange. The application has been logged in
the NASDAQ Listing Center, all applicable fees have been paid, and
a listing analyst has been assigned to ReelTime to assist throughout the
process. In addition, the request for a new symbol
(NASDAQ:RT) to be reserved for
ReelTime
to trade under
once the Company has met all quantitative and qualitative criteria,
including certain corporate governance requirements, has been
approved. ReelTime will continue to submit
additional information and documentation as it is required based on
comments from its assigned Listing Analyst and others at NASDAQ who
will be assisting ReelTime, assuring that they satisfy
all the required qualifications for NASDAQ Capital Markets
securities in Rule 4300 and or any other applicable regulatory
requirements. ReelTime will also need to adhere to
the corporate governance standards set by NASDAQ. In
addition, ReelTime must comply with NASDAQ's
requirements relating to audit committees, the director nomination
process, the compensation of officers, board composition, executive
sessions, quorum, and code of conduct, among others.
ReelTime will continue to trade on the
OTC Markets under the symbol (OTC:RLTR) throughout the process and
up until the move to the NASDAQ Capital Market becomes effective,
at which time the ticker symbol will become (NASDAQ:RT).
The NASDAQ Capital Market
provides companies the required capital in order to
grow their
business. The NASDAQ Capital Market also provides a listing venue
that promises to accommodate the different stages of corporate
lives of the companies. All companies that are listed on NASDAQ
Capital Market need to satisfy all the required qualifications for
NASDAQ securities in Rule 4300. The companies also need to adhere
to the corporate governance standards set by NASDAQ.
ReelTime has engaged Pinnacle
Accountancy Group of Utah ("Pinnacle" a dba of the PCAOB-registered
audit firm Heaton & Company, PLLC) to perform an independent
audit of the Company's financial statements. The audit will
be performed according to the
guidelines set forth by the NASDAQ Listing Requirements and the
Public Company Accounting Oversight Board auditing standards.
Pinnacle is one of the leading firms in and throughout the United
States and abroad. Its partners and staff have provided audit
services for SEC registrants since 2001 and are highly experienced
dealing with the complex auditing and accounting challenges facing
public companies.
ReelTime Media reached a
technology/software license and development agreement with Baristas
(OTC:BCCI) "Munchie Magic." The
licensing agreement secures Munchie Magic global perpetual,
exclusive access to use the technology and methodologies developed
by ReelTime that allow the virtual
restaurants to integrate with its partners, onboarding, marketing,
and administrative functions for use with the Munchie Magic Virtual
Restaurant or other convenience store delivery concepts. The
agreement also allows for Munchie Magic to develop in concert
with ReelTime or independently derivatives
and/or stand-alone methodologies. In exchange for the global
perpetual, exclusive license from ReelTime for the Munchie Magic concept
and convenience store derivative Virtual Restaurants,
ReelTime
will receive a
per transaction license fee of $.35 in perpetuity in conjunction
with the terms of the agreement beginning on Jan. 1st, 2021.
Baristas "Munchie Magic" has opened more than 50 locations in the
past nine months delivering Ben & Jerry's ice cream, snacks,
and hot foods to customers via delivery partners
DoorDash,
GrubHub, and Uber
Eats. www.baristas.tv www.munchiemagic.com in
WA State and has now expanded into Oregon, California, Illinois,
and Arizona as well.
ReelTime VR (OTC PINK:RLTR) confirmed that the patent
application number 15/654,613, titled Simultaneous Spherical
Panorama Image and Video Capturing System, has officially been
issued as U.S. Patent Number 10,761,303 September 1, 2020. The term
of the patent is 20 years and 247 days from the earliest filing
date of the patent application, calculated to be March 23, 2038.
Although the original 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 patent provides
protection from infringement from any capturing of a plurality of
images utilizing at least one mirror. This spans a wide range of
industries and uses.
About
NASDAQ Capital Markets: Nasdaq
is a global technology company serving the capital markets and
other industries. Its diverse offering of data, analytics,
software, and services enables clients to optimize and execute
their business vision with confidence. A
diverse selection of over 4,000 companies choose to list on
Nasdaq's U.S., Nordic and Baltic exchanges,
representing industries such as retail, health care, finance, and
technology. In the U.S., Nasdaq is the listing venue of choice for
many of the world's most exciting companies. The Nasdaq Stock
Market has three distinctive tiers: The Nasdaq Global Select
Market®, The Nasdaq Global Market®, and The Nasdaq Capital Market®.
Applicants must satisfy certain financial, liquidity, and corporate
governance requirements to be approved for listing on any of these
market tiers.
About
ReelTime
Rentals,
Inc. d/b/a ReelTime
Media: www.reeltime.com is
a publicly-traded company based in Seattle, WA (OTCPK:RLTR). ReelTime Media provides end-to-end
production capabilities and discount media purchasing that is
redefining how companies are evaluating and purchasing their TV,
radio, print, and other new media. ReelTime is also is
in the business
of developing, producing and distributing Virtual Reality Content
and technologies. We have an 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, Oculus,
Veer VR, HTC Vive, YouTube 360, Facebook, and
others. ReelTime Media also publishes the book
"It Was Always Me! Edward 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:
Barry Henthorn
ceo@reeltime.com
