ReelTime VR Creates First Virtual Reality Commercials that Can Be Seen On Both Traditional TV and Internet Video Platforms
August 06 2019 - 8:00AM
InvestorsHub NewsWire
ReelTime VR Creates First
Virtual Reality Commercials that Can Be Seen On Both Traditional TV
and Internet Video Platforms
ReelTime VR
(OTCPK:RLTR) a pioneer in the development
of Virtual Reality programming and technologies has created commercials that were shot in
and can be viewed in full 4k 360 Virtual Reality on any portal
capable of viewing VR such as Oculus, HTC Vive, Sony
PlayStation
VR, Facebook
360, VEER
TV, Youtube, and others,
as well as
a nearly identical commercial that can
be seen on traditional television, cable, Amazon Prime
Video, Netflix, or other traditional flat
format delivery platforms at the highest quality and
most advanced formats provided on any capable device
worldwide.
The commercials
that are airing proving the capability were filmed using ReelTime
VRs proprietary technologies and methodologies during the
creation
of
ReelTime's No. 1
award winning VR travel series "In
Front of View". The series
seen in 49
countries starring international
supermodel/actress Front Montgomery and her daughter Leonie
Montgomery, now in its second
season, transports the viewers so
that they can travel alongside the famous mother and
daughter as they explore the most beautiful and hidden places in
full 360 Virtual Reality.
The
commercial in both formats
can be viewed
at
www.reeltime.com When watching in VR it is of
course always best to have on goggles, but you can still experience
full 360 by simply turning around if on a mobile device, or
clicking and dragging your mouse on a pc.
Barry Henthorn
ReelTime VRs CEO stated: "The ability to be able to
produce content in 360 Virtual Reality and then be
able to utilize that footage across platforms, expands the reach
and monetization possibilities beyond previous limitations. This
capability that ReelTime VR has developed, coupled with
the increased immersive experiences possible with Virtual
Reality, allow us to create and
produce content that can be viewed across most known video
platforms and delivery networks, to virtually every capable
device. Previously the audience for
content created in VR was limited by the comparatively limited
number of potential viewers."
Shooting in VR is
far more complex that traditional Film or TV Production, yet the
monetization models are nowhere near as defined nor traditionally
lucrative, making the cost justification of a single medium
challenging. With ReelTimes new technology, not only are
they able to produce industry
defining VR content, but now the same footage is being used
to create
traditional video that can be viewed and monetized through
television, theater, and other two-dimensional outlets. In addition
to the new technology allowing the content creator to
simultaneously produce in both formats which was never before
possible, but it enhances the production quality of traditional
video while actually lowering the costs and increasing
profits.
ReelTime VR is a
pioneer in Virtual Reality technologies and has received
patent-pending status from the United States Patent and Trademark
Office (USPTO) for their non-provisional patent application
covering apparatus and method claims for technology involving
simultaneous capturing of 360 X 360 degree Spherical Panorama
Images and Video.
In a
recent article published by Virtual Reality
Insider it stated: "Companies
such as Microsoft (NASDAQ:MSFT), Intel (NASDAQ:INTC), Samsung (OTCMKTS:SSNLF), Facebook
(NASDAQ:FB), Google (NASDAQ:GOOGL), and Sony (NYSE:SNE) are investing heavily in the
infrastructure and technologies fueling AR/VR and are allocating
significant R&D budgets towards their development. Microsoft
alone reportedly has over ten thousand AR/VR patents filed across
thousands of patent families. ReelTime VR
(OTCMKTS:RLTR)
however, may have the most significant of all AR/VR patents
currently being processed in the industry having filed a very broad
patent."
The
patent for
the technology was
also
featured during a
Bold Patents spot on CNBC during Shark Tank and was referred to as
having the "power to
shift entire industries" by J.D. Houvener, author of
"Bold Ideas".
About
ReelTime Media: ReelTime Rentals, Inc. DBA
ReelTime VR www.reeltime.com is
a publicly traded company based in Seattle, WA (OTCPK:RLTR). ReelTime is in the
business of developing, producing, and distributing Virtual Reality
Content and technologies. We have end to end production, editing,
and distribution capabilities for internal and external projects.
ReelTime Currently produces three ongoing series for the Samsung
Gear VR platform and distributes them over numerous VR delivery
portals including Gear VR, Oculas,
Veer VR, HTC Vive, YouTube 360, Facebook, and others. ReelTime
Media also publishes the book "It Was Always Me – Edwards
Edwards the most Prolific Serial Killer of all time
which has been the subject of
a cover story on People Magazine, Rolling Stone, In Touch, and a
six part series on Paramount network, www.itwasalwaysme.com
. ReelTime recently purchased
Doyen Communications, a full-service advertising placement agency
and premium content creator of publishing industry and audience
specific news journals and web portals that develops, publishes and
distributes industry, company, and consumer-based information and
awareness. Over 30 individual publications serving a variety of
industry sectors that made up the Doyen Communications
portfolio.
Contact:
ReelTime
Media
Barry
Henthorn
ceo@reeltime.com
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