ARHT Media Showcases its Holographic Telepresence with Focus on Recurring Revenue Growth

ARHT Media Inc (TSXV:ART), a global leader in the development, production and distribution of high quality hologram content announced that the company will be showcasing and will be conducting demos at CineEurope 2018.

According to the company, their patented Augmented Reality Holographic Telepresence Technology is the world’s first complete end-to-end solution for the creation, transmission and delivery of lifelike digital human holograms.

As quoted in the press release:

“Our movie exhibition model which includes an upfront payment and ongoing annual subscription fees, as well as special event broadcast fees, will generate recurring revenues to ARHT Media annually while providing opportunities for exhibitors to earn incremental revenues through corporate and educational rental fees and increased advertising fees.  The economics are very compelling for all parties,” commented ARHT CEO, Larry O’Reilly. “Our focus on recurring revenue growth over the past few months is starting to show results and we are excited in demonstrating our accelerated and sustainable growth in revenues and profits in the quarters to come.”

CineEurope is the official annual convention of the movie exhibition industry which introduces the very best in exclusive studio screenings and product presentations, cinematic technologies and innovations and educational seminars to keep business leaders on top of industry trends. The event is being held from June 11 to 14, in Barcelona, Spain and will be attended by all of the major Hollywood and international movie studios and movie theatre owners and executives from 37 European territories.

Click here for the full text release.