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Friday, November 15, 2024

Seattle-based RealTime's Discount optimistic with latest financial report

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RealTime's discount Ad Brokers reported approximately $250,000 in earnings during January. | Adobe Stock

RealTime's discount Ad Brokers reported approximately $250,000 in earnings during January. | Adobe Stock

ReelTime's Discount Ad Brokers (DAB), a media company, booked media placement for the travel industry revenue of $249,873 in January. 

The monthly revenue gives the company optimism for a successful year amid a global pandemic.

Discount Ad Brokers offers clients pricing below the industry's average structures and leverage contracted capacity buys, other currencies, barter, and large inventory-based contracts with the big US media corporations.

The last three years' annual gross revenues have averaged over $20 million a year, which meant their net placement revenues averages $2.6 million a year. Once dining and travel restrictions are lifted, Discount Ad Brokers fully expect to ramp up revenue.

"This is very encouraging not only from a business perspective but from a societal one as well," Discount Ad Brokers CEO Barry Henthorn said in a release. "There is an optimism surrounding the hospitality and travel sectors, and many of the major players are beginning to place media buys to ramp up to what is expected to be a surge in travel as restrictions are lifted and the pandemic is controlled by the vaccine. As this has historically been the bread and butter well-positioned Brokers' business, ReelTime is well-positioned to benefit as the travel industry returns meeting the demand."

ReelTime Rentals, Inc. is a company based in Seattle, Washington, and "redefines how companies are evaluating and purchasing their TV, radio, print, and other news media," the release stated.

The publically traded media organization develops and produces Virtual Reality Content and technologies and then distributes them. Currently, they make three Samsung Gear VR platform series and disperses them to VR Delivery portals like Facebook, Youtube 360, etc. It also published the book, "It Was Always Me! Edwards the Most Prolific Serial Killer of All Time" and has been featured on People Magazine, Rolling Stone, In Touch, and Paramount network.

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