Reeltime Rentals Inc (RLTR)

[ReelTimer]

You really missed this. The tech and the law were well known to all. There was nothing against the letter or the spirit of the law in anything this company did. It was a couple of high profile prosecutions of a couple of pirate companies that gave P2P a bad name. Had Kazaa won their case, everything might have been different. Had the studios decided to deal with online in a different manner everything would have been different also.

Who dares wins. Risk is commensurate with gain. Nobody could have predicted that the law against piracy would devastate a company that paid millions to the big studios in its utterly legal effort. While it is easy to monday morning quarterback decisions made a decade ago, you were the one that made this one. You knew that P2P was the backbone of what Reeltime did before you ever bought your first share of stock. Now you pretend that is was all someone else's fault. No, it was a carefully planned risk that you took and that did not pan out for you, mostly because you failed to take your profit when you could have, believing as you did that this company would take a huge market share.

In the end, companies like Netflix and Hulu, studio backed deep pocketed players with no tech at all, ran the table, while innovative upstarts flailed under pricing structures that were impossible to change without studio support, while at the same time Comcast bought and then buried this beautiful and elegant technology.