Seattle, WA, Jan. 13, 2021 (Globe NEWSWIRE) — by using NewMediaWire –Baristas Espresso Company/Munchie Magic (OTC:BCCI) has attained a technological innovation/application license and improvement agreement with its primary technological know-how and media spouse ReelTime Media (OTC:RLTR). The licensing arrangement secures Munchie Magic world perpetual special accessibility to use the technology and methodologies designed by ReelTime that let the virtual places to eat to integrate with its partners, onboarding, internet marketing, and administrative functions for use with the Munchie Magic Virtual Restaurant or other ease retailer delivery principles. The agreement also allows for Munchie Magic to build in live performance with ReelTime or independently, derivatives and/or stand-alone methodologies.
In exchange for the world perpetual distinctive license from ReelTime for the Munchie Magic strategy and advantage retail store by-product Virtual Eating places, ReelTime will receive a per transaction license price of $.35 in perpetuity in conjunction with the terms of the settlement beginning on Jan. 1st, 2021.
ReelTime will continue on to acquire and aid Munchie Magic on an ongoing foundation less than their recent operate for retain the services of settlement. ReelTime maintains all rights and derivative operates for non-Munchie Magic or benefit shop apps.
Baristas “Munchie Magic” has opened much more than 50 destinations in the earlier nine months providing Ben & Jerry’s ice product, snacks, and very hot meals to consumers by way of delivery companions DoorDash, GrubHub, and Uber Eats. www.baristas.television www.munchiemagic.com in WA Point out and has now expanded into Oregon and California as well.
Barry Henthorn, CEO, mentioned: “Now that the company principle has been validated and Munchie Magic is growing at an accelerated speed, it was essential that we protected ongoing obtain to the technological know-how that is jogging the core of the small business. Now Munchie Magic can carry on to construct its brand name and infrastructure with certainty that it will have obtain to and the means to establish on what has been produced.”
The media buys, integration, technological innovation improvement, IP, and other slicing edge internet marketing for the Munchie Magic virtual dining places are produced possible and are being designed through digital media/technological know-how frontrunner ReelTime Media (OTC PINK:RLTR) www.reeltime.com. The integration consolidates and analyses information from the supply partners DoorDash, Uber Eats, and GrubHub together with revenue, price tag info, and pertinent demographics from Munchie Magics’ Pick up Partners. ReelTime Media’s capabilities are redefining how corporations are evaluating and buying their Television set, radio, print, and other new digital media.
About ReelTime Rentals, Inc. d/b/a ReelTime Media: www.reeltime.com, is a publicly-traded corporation centered in Seattle, WA (OTCPK:RLTR). ReelTime Media supplies end to finish generation capabilities and discounted media paying for that is redefining how businesses are evaluating and obtaining their Television, radio, print, and other new media. ReelTime is also is in the business enterprise of establishing, producing, and distributing Virtual Reality Material and technologies. We have an conclusion to conclude generation, enhancing, and distribution abilities for internal and exterior initiatives. ReelTime at present generates 3 ongoing collection for the Samsung Equipment VR system and distributes them over quite a few VR delivery portals which includes Equipment VR, Oculus, Veer VR, HTC Vive, YouTube 360, Fb, and other individuals. ReelTime Media also publishes the guide “It Was Constantly Me Edward Edwards the Most Prolific Serial Killer of All Time” which has been the issue of a include tale on People today Magazine, Rolling Stone, In Contact, and a 6-part collection on Paramount community, www.itwasalwaysme.com .
About Baristas Coffee Firm/ Munchie Magic: Baristas is a publicly traded countrywide Espresso Organization that is recognized throughout the US. It is the the vast majority shareholder of Munchie Magic, Inc. which manages the virtual cafe which delivers Ben & Jerry’s ice product, Baristas Coffee, and other snack foodstuff by means of 3rd celebration delivery companions. Baristas now makes and sells coffee connected items beneath the Baristas model. The Baristas White Espresso solitary-serve cups appropriate with the Keurig 2. brewing technique is the bestselling product in its class. Baristas also markets other espresso-linked products. Baristas gained mainstream exposure when it turned the topic of “Grounded in Seattle” the truth display special attribute which aired on WE television. It has been highlighted nationally which include for the duration of Shark Tank on CNBC with Entrance Montgomery, CNN, ESPN, Foodstuff Network, Cosmopolitan Magazine, Forbes Journal, Contemporary Dwelling with Kathy Ireland, Sports activities Illustrated, NFL Monday and Thursday Evening Football with Megs McLean, at NASCAR Races, The Grammys, NBA Television set, and other notable media.