RED has two big announcement that could have major implications for 4K television. First, it has made its 4K Redray Player available for pre-order. The $1450 media server has a 1TB hard drive that plays 4K video that has been encoded to RED's new propietary format.
Secondly, RED has launched Odemax, a 4K distribution network that uses the cloud to deliver content to both homes and theaters (and takes a cut of the profits).
Read more here on The Verge.