ReelTime
VR,
Bungalo
Records,
and AMJ GLOBAL ENTERTAINMENT Sign Collaboration LOI
to Create
Immersive VR Experiences Promoting Events, Artists, and/or
Products
SEATTLE, WA / August 31st, 2021 -- InvestorsHub NewsWire
-- Reeltime
Media. (OTC PINK:RLTR) has reached an agreement and signed a
Letter of Intent (LOI) with Bungalo
Records Inc.,
and AMJ GLOBAL ENTERTAINMENT, L.L.C. whereas the parties will
collaborate in an effort to Create
Immersive VR Experiences Promoting Events, Artists, and/or
Products.
Collectively they
intend to explore various projects to incorporate
ReelTime's
Virtual Reality
technologies, and production methodologies, incorporating
Bungalo's and AMJ's vast access to top
artists, concerts, industry icons, and merchandising, utilizing the
combined publishing and distribution capabilities of the
parties.
Barry Henthorn
CEO stated: "Being able to work directly with such established and
accomplished industry staples such as Bungalo and AMJ to bring the
ReelTime
VR experiences of
top artists to audiences worldwide is not
only rewarding artistically, but furthering our monetization
capabilities is expected to positively impact our bottom line. We
look forward to moving ahead with a combined
effort."
Paul Ring,
Bungalo
Records President
exclaimed: "It is imperative in our industry to be aware of
companies and trends that shape its evolution. We are ecstatic to
be working with ReelTime VR so that we may set trends
instead of merely following. This could be a very impactful
relationship not only to our companies but across industries beyond
entertainment."
AMJ/Bungalo may provide access to
artists, products, events, and other business connections in order
to mutually evaluate various projects.
Bungalo
Records is a
record label and distribution company.
https://bungalorecords.com/ It has a rich history
spanning over 21 years including music legends Patti Labelle, Eddie
Money, Heavy D, jazz legends Stanley Clarke and Ronnie Laws among
many others.
AMJ GLOBAL
ENTERTAINMENT
https://www.amjglobal.com/ is in the business of
managing and publishing music and other artists, distribution,
investment, Advisory Components, as well as providing high end
security services.
In other
News:
ReelTime's
CEO Pledges Personal Shares and Vows to Reduce Potential Dilution
by More than 50% in Debt Reduction Plan Leading to
Uplist
LoudMouth
News to Join ReelTime TVs Fall Lineup Expanding Beyond Radio While
Broadening its Subjects to Over 150 Million Potential
Viewers
ReelTime's
Dilution Reduced by 20 Million Arising From Negotiated Settlement
in Their Favor
ReelTime to Launch Roku Channel ReelTime TV to 51.2 Million Monthly
Active Users, Expanding Content Distribution and Advertising
Revenues Using Technology
ReelTime Media reached a technology/software license and
development agreement with Baristas (OTC:BCCI) 'Munchie Magic.' The
licensing agreement secures Munchie Magic global perpetual,
exclusive access to use the technology and methodologies developed
by ReelTime that allow the virtual restaurants to integrate with
its partners, onboarding, marketing, and administrative functions
for use with the Munchie Magic Virtual Restaurant or other
convenience store delivery concepts.
About
ReelTime Rentals, Inc. d/b/a ReelTime Media: www.reeltime.com is
a publicly-traded company based in Seattle, WA (OTCPK:RLTR).
ReelTime Media provides end-to-end production capabilities and
discount media purchasing that is redefining how companies are
evaluating and purchasing their TV, radio, print, and other new
media. ReelTime is also is in the business of developing,
producing and distributing Virtual
Reality Content and technologies. We have an 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, Oculus, Veer VR, HTC
Vive, YouTube 360, Facebook, and
others. ReelTime Media also publishes the book 'It Was Always Me!
Edward 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.
CONTACT:
Barry
Henthorn
ceo@reeltime.com