An unknown buyer acquired an unknown majority in Hollywall Development Company, LLC from Hollywall Entertainment, Inc.
April 10, 2023
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An unknown buyer acquired an unknown majority in Hollywall Development Company, LLC from Hollywall Entertainment, Inc. (OTCPK:HWAL) on April 11, 2023. In conjunction with the transaction, Darnell Sutton has stepped away from his positions as an officer and director of Hollywall Entertainment, Inc. to continue in his role as Hollywall Development Company's President and Chief Executive Officer.
An unknown buyer completed the acquisition of an unknown majority in Hollywall Development Company, LLC from Hollywall Entertainment, Inc. (OTCPK:HWAL) on April 11, 2023.
Hollywall Entertainment Inc. is a multi-faceted developer, telecommunications, technology, media, and entertainment company. The Companyâs engaged in maximizing rights to its music, film, television, home videos and software game libraries. It also owns exclusive and non-exclusive rights to market, manufacture, and distribute over 17,500 songs from Music Recording Masters. The Company operates through five segments: Hollywall Music, Hollywall TV, HW Productions, HW Networks, and HWRadio. Hollywall Music produces legacy music and video collector sets for retail, wholesale, download sales and streaming services. Hollywall TV division is in the development of an advertising/membership-based digital network in conjunction with a major entertainment representation firm. HWRadio operates HWRadio.com, where users can listen to their favorite artists' songs and extensive music collections in many genres from decades of legendary performances from the Hollywall Library of Legacy Music.