Reeltime Rentals Inc (RLTR)

[Techsource]

That is the news that will take us out of the misery. There is nothing else just waiting for this to happen/develop. NEW WEBSITE should be created shortly/technology fixed, commercial site with Jagran logo, available to millions of users. Hopefully they will not give up on Reeltime and brake the contractual agreements. Till then nothing will be new, same o same, no customers-no need to fix anything. (kind of make sense to wait for REAL PROS to implement the idea)
reeltime was too small to be able to do such large project as Streaming Videos to millions. They need backing and Jagran can help and take it's idea to the sky.



Jagran Prakashan Group, one of the largest publishing groups in India,
has formalized its’ joint venture with ReelTime Rentals, which
provides video streaming technology for partners such as Sony, Disney
and Miramax.
Jagran Reeltime will see the US company’s technology supply local and
international video content through a Hindi Language portal. Jagran,
which publishes the world’s most widely read daily newspaper, Dainik
Jagran, will help identify relevant content and provide an audience.
ReelTime’s technology promises to facilitate delivery of DVD-quality
content in a large country where high speed internet remains patchy.
“Reeltime is taking it’s existing relationships with US companies and
creating it’s first major advertising-driven site,” says Barry
Henthorn, ReelTime’s CEO.
Sukirti Gupta, CEO of MMO Online, part of Jagran, accompanied
Henthorn to Cannes to announce the venture. “Jagran has a huge client
base which is demanding new media,” Gupta said. Realtime currently
offers over 3,500 titles from major studios, sporting events and niche
programming.