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Technology Stocks : Sony Corp - Sony
SONY 27.89+0.5%Oct 31 9:30 AM EST

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From: stockchick1/22/2008 8:12:49 PM
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(Seattle, WA -- January 23, 2008) – ReelTime Rentals, Inc. (OTCPK: RLTR - News) announced today that the Company has executed an agreement with Sony Pictures Television, a subsidiary of Sony Pictures Entertainment, to provide select motion picture film content to ReelTime’s existing content roster.

Under the terms of the agreement, Sony Pictures Television has agreed to provide ReelTime with feature films spanning new release hits such as “Spider-Man 3” and “Superbad”, runaway animated family hits such as “Surf’s Up” and a multi-genre library of titles including “Taxi Driver”, “Dr. Strangelove”, “Blackhawk Down”, “Starship Troopers” in addition to many other popular titles.

Mark Cramer, COO of ReelTime commented, "While Sony Pictures Entertainment has always been a true pioneer in the world of content creation, they were also one of the first major Hollywood studios to understand the importance of - and make a commitment to - fostering the digital distribution of content. Our partnership with Sony Pictures Television represents a major milestone for ReelTime.” He continued, “We are delighted to have them as the Company’s first major studio content partner and could not have scripted a better beginning to the ‘next chapter’ in ReelTime’s marketing partnerships and to becoming a major force in online digital content distribution.”

Mike Arrieta, Executive Vice President of Digital Distribution and Mobile Entertainment for Sony Pictures Television, remarked, “ReelTime’s IRDS delivery platform is a compelling distribution outlet. We are pleased to find another high-quality way for consumers to gain access to our content via this format.”
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