InvestorNewsBreaks – Hollywall Entertainment Inc. (HWAL) Leverages Extensive Library Amid ‘Catalog Acquisition Frenzy’
Feb 4, 2022
Hollywall Entertainment (OTC: HWAL), an innovative entertainment, media, infrastructure, telecommunication, technology, and broadcasting company, is positioned amid increasing interest in music catalogs and their projected rise in value. The trend in music catalog acquisitions was described as a “catalog acquisition frenzy” in a January 2021 Rolling Stone article, which observed that even investment and management firms and Wall Street companies had entered into the music business by buying rights to famous musicians’ creative works (https://ibn.fm/UCEZK). Hollywall, “which serves some of the finest creators, writers, developers and music artisans of our time by offering a business solution and distribution platform that maximizes a global audience reach, wholly owns an extensive music and entertainment library,” notes a recent article. “Hollywall’s asset portfolio includes copyrights, legal rights, trademarks, and master recordings of over 17,500 songs, one of the largest master recording libraries globally… With a fair value of about $146 million as of Dec. 31, 2019, according to an intangible asset valuation prepared by Sun Business Valuation and available on the company’s website, Hollywall’s master recordings are only bound to increase in value as time progresses, positioning HWAL for growth well into the future.”
To view the full article, visit https://ibn.fm/qR3So
About Hollywall Entertainment Inc.
Hollywall Entertainment is a telecommunications, technology, media, entertainment and broadcasting company that operates through its various subsidiaries including: Hollywall Development Company (“HWDC”), HW Vision and HW Latlong, and multiple divisions to include HW School of Communications, Hollywall Music, Hollywall TV, HW Productions, HW Networks, HWRadio, HWGOV and The Hollywall Foundation. HWAL continues to maximize rights to its music, film, television, home videos and software game libraries. Hollywall owns exclusive and nonexclusive rights to market, manufacture and distribute music master recordings performed by legends such as Ray Charles, Ella Fitzgerald, The Jackson 5, Frank Sinatra, Dolly Parton, Elvis Presley, Tony Bennett, The Bee Gees, Chicago, The Platters, George Gershwin, Marvin Gaye, James Brown, The Who, Janis Joplin, Rolling Stones, Nat King Cole, John Lee Hooker, Willie Nelson, Rod Stewart, Hall and Oates, James Taylor, Etta James, Aretha Franklin, and other multiple-platinum-selling acts. Learn more at www.Hollywall.com.
NOTE TO INVESTORS: The latest news and updates relating to HWAL are available in the company’s newsroom at https://ibn.fm/HWAL
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