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ReelTime’s Discount Ad Brokers Generates Nearly $250,000 in Booked Revenue in January as Resort .
ReelTime Rentals, Inc.February 11, 2021 GMT
SEATTLE, WA, Feb. 11, 2021 (GLOBE NEWSWIRE) via NewMediaWire ReelTime VR/ReelTime Media (OTC:RLTR): ReelTime’s Discount Ad Brokers (DAB), a 15 year-old discount media company that ReelTime acquired effective 1-1-2021, booked $249,873 of revenue in January from media placements specific to the travel industry.
Discount Ad Brokers focuses on providing clients top tier placements at pricing levels at or below remnant inventory rate structures through a unique inventory acquisition model utilizing a combination of contracted capacity buys, alternate currencies, barter, and aggressive bulk inventory-based contracts with major US media properties.
ReelTime s Discount Ad Brokers Generates Nearly $250,000 in Booked Revenue in January as Resort Media Bookings Begin to Return on Optimism of a Post Vaccine Travel Surge tennesseedaily.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tennesseedaily.com Daily Mail and Mail on Sunday newspapers.
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SEATTLE, WA / ACCESSWIRE / February 11, 2021 / ReelTime VR/ReelTime Media (OTC:RLTR) ReelTimes Discount Ad Brokers (DAB) a 15 year old discount media company that ReelTime acquired effective 1-1-2021 booked $249,873 of revenue in January from media placements specific to the travel industry.
Discount Ad Brokers focuses on providing clients top tier placements at pricing levels at or below remnant inventory rate structures through a unique inventory acquisition model utilizing a combination of contracted capacity buys, alternate currencies, barter, and aggressive bulk inventory-based contracts with major US media properties.
Annual gross billings for DAB historically have averaged over $20 million per year over the last 3 years resulting in net placement revenues averaging $2.6 million per year. Net Revenues have historically risen from, 4.2 million in 2018, to 5.1 million in 2019, yet were reduced to just over $1 million in 2020 due to an elimination of ads from restaurant and
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Seattle, Washington (Newsfile Corp. - December 10, 2020) - ReelTime VR/ReelTime Media (OTC Pink: RLTR) has entered into a formal binding letter of agreement where it will acquire 100 percent ownership of Discount Ad Brokers. a 15 year old media company operating within a unique niche of the advertising industry.
ReelTime Media
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Discount Ad Brokers focuses on providing clients top tier placements at pricing levels at or below remnant inventory rate structures through a unique inventory acquisition model utilizing contracted capacity buys and aggressive bulk inventory based contracts with major US media properties The acquisition valued at 2.7 million dollars is being completed without the use of toxic debt instruments and is expected to formally close by the end of the year whereas the financials will be consolidated with ReelTimes.