RMA 0.00% 0.0¢ reeltime media limited

online video rental grows

  1. 5,447 Posts.
    lightbulb Created with Sketch. 389
    Online video rental grows; stores close

    If we are to believe ASX listed online DVD rental crowd Quickflix , the bottom is falling out of the bricks and mortar video rental business while online video rentals is a booming business. However, Quickflix also claims that the video downloads business is struggling.

    Quickflix also poured cold water on video downloads, pointing to Reeltime Media’s recent share price doldrums. No doubt, overseas tech giants like Apple and Amazon, who are getting into online video downloads in a big way would beg to differ.
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.