- Hollywall Entertainment Inc. is a technology and broadcasting company using an enormous variety of resources under its corporate umbrella to extend wireless and broadband networks and related services across the country
- Hollywall is dedicated to extending its networks to underserved or unserved communities, with a vision of improving access to technology and thereby improving socio-economic equality for opportunities and achievements
- The company’s holdings include the rights to a catalog of over 17,500 master recordings performed by music legends ranging from Ray Charles to Rod Stewart
- The music catalog is also being used as a means of entering the blockchain NFT space, which has enjoyed an astronomical rise in market cap during the past couple years, monetizing digital ownership of featured art
Former NBA All-Star point guard and pro basketball coach Lionel Hollins, whose most recent professional victory was as assistant coach with the Los Angeles Lakers in 2020 when he won an NBA championship ring for the second time, climbed the ladder of success from a childhood in Las Vegas where all his clothes were patched and oversized, and he was “a vegetarian before it was in vogue” out of simple necessity, as he told The Spectrum a few years earlier.
Perhaps a testament to the theory that education is the great socio-economic equalizer, particularly when it included “cross-class friendships” that bridge social strata through ordinary peer exchanges to create achievement equity (https://nnw.fm/Gzm2w), Hollins left a neighborhood where “white people didn’t exist” to attend junior college at Dixie College in Southern Utah, about 120 miles away, where he “was the only black person on the basketball team … the only black person at the college … the only black in the city,” thus beginning a storied career driven by his ambition and the help of others who mentored him, he told the newspaper (https://nnw.fm/y0sda).
It’s the type of story that resonates in harmony with the vision of the telecommunications and broadcasting company Hollywall Entertainment (OTC: HWAL), which is using a vast catalog of music, film, television, software and game library rights to not only build smart city, fiber network and entertainment investment profits throughout the United States, but to also create broadband access equity for many of the nation’s most vulnerable and underserved communities.
“There is some evidence that broadband initiatives for unserved and underserved areas increase broadband adoption and can increase labor market participation, with larger effects for people living in rural areas and for women, especially those with college educations,” The University of Wisconsin’s County Health Rankings & Roadmaps program noted last year (https://nnw.fm/L9H0x).
“The rich nations must use their vast resources of wealth to develop the underdeveloped, school the unschooled, and feed the unfed,” HWAL President and CEO Darnell Sutton has stated in repeating civil rights pioneer the Rev. Martin Luther King’s 1964 Nobel Peace Prize lecture (https://nnw.fm/H9yhc). “Let us heed to this time-honored clarion call, as the challenge yet remains for all to consider coming together and embrace one another in peaceful cooperation … allowing our newfound cooperation to shine a bright light on a new path for a coming and future brilliant generation.”
Hollywall’s asset portfolio includes copyrights, legal rights, trademarks, and master recordings of more than 17,500 songs, with a library of artists that includes Elvis Presley, Michael Jackson, Dolly Parton, Frank Sinatra, and The Who.
Through its new wholly owned subsidiary, HW Vision, the company offers state-of-the-art services such as 5G and fiber network installation, affordable high-speed internet access, telehealth, nationwide unlimited talk, text and data cellphone plans, and video broadcasting.
As a company deeply invested in telecom infrastructure, Hollywall is well positioned to capitalize on the expanding 5G infrastructure market as wireless networks evolve in the United States (https://nnw.fm/1N8j1).
5G-speed networks will better facilitate Hollywall’s key telecom initiatives, such as fostering entrepreneurial and economic development opportunities for minority business enterprises (“MBEs”) through rural and urban wireless and broadband telecommunications network infrastructure, and also helping farmers maintain and increase sustainable practices using digital tools in agriculturally rich rural areas.
Hollywall is also using its music catalog to enter the world of blockchain technology and non-fungible tokens (“NFTs”), which has a market cap of about $31.4 billion, according to a recent report by Blockworks (https://nnw.fm/kA6dM), rising astronomically from about $80 million just a couple years ago (https://nnw.fm/bvC1q).
For more information, visit the company’s website at www.Hollywall.com.
NOTE TO INVESTORS: The latest news and updates relating to HWAL are available in the company’s newsroom at https://nnw.fm/HWAL
About NetworkNewsWire
NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
To receive SMS text alerts from NetworkNewsWire, text “STOCKS” to 888-902-4192 (U.S. Mobile Phones Only)
For more information, please visit https://www.networknewswire.com
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
NetworkNewsWire (NNW)
New York, New York
www.networknewswire.com
212.418.1217 Office
[email protected]
NetworkNewsWire is part of the InvestorBrandNetwork.
