International media and entertainment powerhouse, Sony Pictures
Entertainment is to take a placement of 17,000,000 shares at a value of
$AUD 0.053 (5.3 cents) per share in Australia’s ground-breaking movie
download pioneer ReelTime.tv
ReelTime.tv today also announced that it will be seeking shareholder
approval for the placement to Sony as well as seeking approval for an
issue of a further $3 million shares at 5.3 cents.
