- Hollywall Entertainment Inc. is a technology and broadcasting company with varied interests in telecommunication, infrastructure, media, and entertainment
- Hollywall is actively working to help reduce the digital divide and empower rural, underserved communities — particularly across the South — through the extension of fiber optics and telecommunications services
- The company’s revenue streams range from its catalog of music, film, television, software and game library rights, to in-development non-fungible tokens (“NFTs”)
The federal government laid out a roadmap for funding interstate travel on the electronic highway of the Internet as part of their proposed large-scale infrastructure bill (https://nnw.fm/yAThJ), but in a day and age when smartphones and network streaming seem to be ubiquitous it can be difficult to determine exactly how funding should be applied.
The reality is that nearly a quarter (22.5 percent) of all U.S. households don’t have home Internet service, according to the US Census Bureau’s American Community Survey (“ACS”). And more than a quarter million U.S. households still use the slow speeds of dial-up access for their Internet service (https://nnw.fm/QQUI0).
The so-called digital divide between the quality Internet haves and have-nots disproportionately affects the elderly, individuals living in rural settings and in poverty, as well as people experiencing systemic homelessness, limiting their access to information and modern communication technology.
Techwire Insider recently noted some examples of concerns created by the digital divide, such as difficulties responding to the 2020 U.S. Census, difficulties taxpayers faced in setting up an online account with the IRS, and difficulties smartphone-only users face in working with spreadsheets and PDFs (https://nnw.fm/nOhD6).
These are exactly the problems being addressed by telecommunication and broadcasting company Hollywall Entertainment (OTC: HWAL). The company is employing its own methods to create digital equity, drawing on resources that include its vast subsidiary holdings in the realms of telecommunications, infrastructure, technology, media, entertainment and broadcasting to benefit rural, underserved communities.
Hollywall CEO Darnell Sutton refers to the company’s vision as “Fiber to the People” — an empowerment campaign that specifically targets smaller communities, particularly across the South’s “Black Belt.” The ACS survey notes that the least Internet-connected households are mostly clustered in Southern states stretching from Oklahoma eastward to Alabama and on up to West Virginia.
The company’s revenue streams are varied, ranging from its catalog of music, film, television, software and game library rights to the pending development of non-fungible tokens (“NFTs”) based on its rights to artists’ works.
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
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