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ReelTime Appoints Mortgage Broker as CEO

21 Jan, 2009 By: Erik Gruenwedel


ReelTime Rentals, a Seattle-based online movie-streaming service, Jan. 21 named shareholder Mark Felgenhauer CEO, replacing Barry Henthorn, who remains chairman of the board and chief technology officer.

Felgenhauer, who is co-founder and managing partner of The Mortgage Warehouse, an online mortgage broker, said he would prioritize establishing profitability on the service’s wholesale streaming business ahead of retail (movies).

Reeltime recently announced a deal with Ethostream, whose software allows hotel visitors and guests to link PCs, PDAs and other devices to the Internet with near-broadband connectivity.

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