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Friday, December 26, 2008 3:16:35 PM
It was already obvious that Reeltime can't do it by themselves. They are sitting on the mountain of Gold unable to escavate ((no machines, no tools,no power(money)) They are amazing they lasted so long doing what they could. It is time to HAND over the project to Jagran.
Analyze this:
“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.
Investors need to learn to distinguish true hope from false, and that is not easy considering they try to get as much value they could with such small team.
THE NEW WEBSITE IT IS GOING TO BLOW YOUR MIND !!! Will belong to JAGRAN and made by them-using techno from Reeltime. P2P has huge potentials in India and China where bandwith is free and given by goverments to it's citizens (infrastructure)
Considering is private in US they will not grow and even Netflix will go to extinction when cable companies will start shrinking bandwidth on customers. ATT and other cell companies are charging huge prices for use of bandwidth, as they lost the telephone industry they moved to content control, access control of customers. They are cheap and will not provide the bandwidth for free. End of movie streaming in US is coming.
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