They seem to take 2 years to do some thing that should take 4 to 6 months. It's really frustrating. Thats why I keep saying they do not have enough experienced Management running the show with enough of a budget. Netflix would have moved a lot quicker.
But I do believe they want to succeed. From BH's last shareholders letter they seem to moving to these partnership deals for the focus and money. From the letter:
"ReelTime may seem like a front-end movie rental store, but in truth, the company is now becoming well-positioned to outsource content delivery for virtually any company in the entire world. You have already seen the beginning stages unfold, in partnerships with LG Sports Marketing, Lightworks NxT and Laguna Productions, Sony Entertainment and Disney. In essence, we are able to host and distribute (read: outsource) content delivery for other major companies, with a significantly better picture at a substantially lower cost to the provider. In doing so, ReelTime intends to maximize revenue through advertising, subscription sharing and content distribution partnerships. Deals with Sony and Disney solidified ReelTime’s presence within the online movie industry; however, the true aim of the company is to obtain joint partnerships with global media leaders for revenue sharing through our ability to significantly decrease video content delivery cost, time and poor quality."
The problem is none of these deals are ready, how long will it take to get 1 or 2 of them finished and going?
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