Press release from TheNewswire.ca
Reelhouse Reels in Fans and Filmmakers
Wednesday, April 15, 2015
Reelhouse Reels in Fans and Filmmakers08:17 EDT Wednesday, April 15, 2015
VANCOUVER BC / TheNewswire / April 15, 2015 -- Eight Solutions Inc. (CSE:ES) ("Eight" or the "Company") is pleased to announce new developments at Reelhouse, its revolutionary video-on-demand platform.
Features like Reelhouse LIVE and Gifting have boosted visitors, films and sales. Since this time last year the Reelhouse user base has doubled and the number of titles offered has soared. Reelhouse now gets 100,000 visitors per month and hosts nearly 2,500 films on its website--300 of which have been added in the past three months alone.
LIVE, a new feature released last month, lets publishers host online live screenings with embedded chat functions. More than just streaming video, LIVE engages the film community through event-based experiences, where fans can connect from anywhere on any device. Reelhouse Gifting is a new tool that allows viewers to purchase film passes for friends, family and more. With these features and others, Reelhouse sales are up 60% over last year.
For filmmakers, this is great news. One independent artist has already earned $150,000 on the site. For fans, Reelhouse has titles they just can't get anywhere else. For example, the National Geographic film Nobody's River , which has won awards from the Banff Mountain Film Festival and the Vancouver International Film Festival, was released exclusively on Reelhouse this week.
To stay current in the space, the Reelhouse team will be attending the Tribeca Film Festival in New York City this week and next, meeting with distributors, studios and filmmakers to draw more attention to this best-in-class platform.
A disruptive company in the online video-on-demand (VOD) market, Reelhouse allows independent filmmakers, studios, film distributors and traditional retail outlets to market and sell movies directly to viewers. Reelhouse customers include indie filmmakers, tier-one Hollywood studios such as Warner Bros., film distributors and leading retail outlets. For more information, visit www.reelhouse.org.
About Eight Solutions
Eight Solutions Inc. is a media technology company led by a team of gaming industry veterans. The Company creates and develops elegant technology solutions where science and art are brought together to solve business challenges. Eight's portfolio includes a 3D technology division; Cumul8, a data analytics solution focused on data visualization; and Reelhouse, an online entertainment distribution community. For more information, visit www.eightsolutions.com.
On Behalf of the Board of Directors
Chief Executive Officer and Director
The CSE does not accept responsibility for the adequacy or accuracy of this release.
Forward Looking Statements
Except for statements of historical fact, this news release contains certain forward-looking statements within the meaning of applicable securities law. Forward-looking statements are frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" occur. Although Eight believes that the expectations reflected in the forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. Such forward-looking statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information, whether as a result of new information, future events or otherwise.
For more Information, please contact:
Vice President of Corporate Affairs
Suite 100, 138 East 7 th Avenue
Vancouver, British Columbia, V5T 1M6
Phone: (604) 669-8885
Fax: (604) 669-8855
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