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Reeltime TV halts trading on ASX: legal movie downloads to be affected?

By Mauricio Freitas, in , posted: 31-Jan-2008 11:38

For a while reeltime.tv seemed like the only alternative for legal movie downloads in Australia and New Zealand.

Except that if you visit the site you will find there's a very little catalogue available - with movies that I wouldn't hire for a Tuesday soirée.

Now I see a press release from Reeltime Rentals, an U.S.-based company declaring they have nothing to do with Reeltime Media, an Australian company listed in the ASX. This press release came out because Reeltime (the Australia one) had asked the ASX to suspend trading of its ticker.

The Reeltime Media ASX page says:


Principal activities: Broadband TV Content aggregator and operator - direct from hollywood licensee for movie downloads - both rental and own. Company provides content & operations to ISP, retail and media partners. Company has aggregated content suitable for PC and Set Top Box IPTV delivery. Company also retails games and music via its online website


I don't see a decent on-line movie delivery in New Zealand anytime soon. Do you?





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Mauricio Freitas
Wellington
New Zealand


I live in New Zealand and my interests include mobile devices, good books, movies and food of course! 

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