Dreamtime
Dreamtime planned to provide HDTV cameras and connectivity to the ISS in exchange for the rights to a certain amount of on-orbit astronaut time for example to make weather announcements.
Created: 2023-07-19
Updated: 2023-09-16
Company - Dreamtime
- Founded
- Country
- 2000
- USA
- Funding
- Yes, ?
Product/Service
- Classification
- Miscellaneous
- Category
- Space Entertainment
- Status
- Dormant
- First launch
- Dormant
Space dreams (2001, May, Streaming Media)
That financial potential remains unclear. Through a gain-sharing agreement, 25 percent of Dreamtime's shares will be set aside for NASA. By law, the agency cannot own any of the shares and does not have any controlling interest, says Bill Foster, CEO of Dreamtime. But the contract guarantees that Dreamtime provide NASA the price of those shares. If, indeed, Dreamtime files for an IPO — a decision that is at least two years away, says Foster — NASA could reap the benefits with the shares' increased value.
The first HDTV camera is set to be connected on the ISS this July. Subsequent missions will set up other cameras, while plans to provide views from inside Johnson and Kennedy Space Centers remain on hold.
Because it owns the cameras, Dreamtime holds the commercial rights to all footage recorded on the ISS. The company hopes such footage could prove profitable with pay-per-view models on its site. Although, says Foster, NASA is able to use any footage it wants for education, news and non-commercial purposes.
As for the archived NASA footage, Dreamtime is at least six months away from providing any streaming video on its site. Still, officials with the company remain optimistic that the response from viewers will be positive, once the video archive is up.
All Space, All the Time (2001, Smithsonian Magazine)
The newly formed company beat out 12 others, including space.com, largely on the strength of its track record in the new economy (the founders had created the Excite@Home Web site). Dreamtime promised to invest up to $100 million on such innovations as high-definition TV, and claimed it would provide the public with its most detailed pictures yet of the space station.
More than a year later, the project remained in the development stages, and NASA’s inspector general was asking rude questions about whether the whole deal was too favorable to Dreamtime. Some speculate it will never happen.
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