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Hollywall Entertainment Inc. (HWAL) is a leading developer, telecommunications, technology, media, music, entertainment, and broadcasting company. The company, with a diverse range of subsidiaries and divisions, focuses on innovation and adapting to the changing landscape of new technologies. Key strengths include exclusive rights to a vast catalog of music assets, from iconic artists like Elvis Presley, Ray Charles, Dolly Parton, and more. Recent strategic initiatives include forming a technology-driven media and entertainment company, Ailiance Inc., in collaboration with LIG Assets, Inc., to monetize music assets and expand media holdings. HWAL is committed to providing shareholder value through strategic investments, partnerships, and growth opportunities in AI, blockchain, NFTs, cryptocurrency, and more.
Creatd (CRTD) has completed an initial stock swap with Hollywall Entertainment (HWAL), marking a strategic partnership between the two companies. This transaction has improved both companies' balance sheets by enhancing their net equity positions. The collaboration aims to leverage HWAL's extensive content library and Creatd's OG Collection subsidiary to build communities and unlock revenue streams from tangible and digital assets.
Key points:
- Potential for further exchanges of larger equity portions
- Possibility of spinning out shares as special dividends to shareholders
- Focus on HWAL's music industry content and Creatd's AI archiving expertise
- Anticipated market consolidation among micro-cap companies
- Emphasis on Technology, Media, and Telecommunications (TMT) sector acquisitions
Hollywall Entertainment Inc. (HWAL) has completed the divestment of its majority-controlled subsidiary, Hollywall Development Company (HWDC), led by former CEO Darnell Sutton. As part of this transition, Sutton resigns from his roles at Hollywall to focus on HWDC's mission of expanding broadband access to underserved communities through its Fiber to the People initiative. Roxanna Green has been appointed as the new President and CEO of Hollywall, expressing plans to enhance shareholder value and expand into technology sectors including AI, Blockchain, and NFTs.
Additionally, Hollywall has introduced a new music NFT project, Legends and Superstars, capitalizing on the rapidly growing NFT market, projected to reach $211.72 billion by 2030. The company emphasizes its commitment to bridging the digital divide and increasing revenues through strategic investments and acquisitions.
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