Redbus plays down IPO rumours

By Tony Hallett, 14 February 2000 13:09

NEWS Redbus Film Group - part of the Redbus collective of companies established by Cliff Stanford, founder of Demon Internet, almost two years ago - is rumoured to be considering a partial flotation later this year. A spokeswoman for the company declined to comment on the reports. Redbus Film Group is working with Redbus Internet Distribution to develop a video-on-demand platform over the Internet. Despite capturing the rights to several Hollywood releases, Redbus has said it is keen to use the latest technology to get films to viewers.

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