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  4. Reeltime Rentals, Inc. (RLTR) Message Board

$RLTR 50 Million Amazon Fire TV Users to Gain Reel

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Post# of 118
(Total Views: 376)
Posted On: 04/27/2021 9:32:20 AM
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Posted By: louied91
$RLTR 50 Million Amazon Fire TV Users to Gain ReelTime TV Channels Adding to Rokus' 51.2 Million Monthly Active Users Exceeding Cable, Satellite Combined

https://finance.yahoo.com/news/50-million-ama...00643.html

SEATTLE, WA / ACCESSWIRE / April 27, 2021 / ReelTime VR/ReelTime Media (OTC PINK: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.


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