Marketing of over $146 million in catalogs of master recordings by music legends including Ray Charles, Jackson 5, Sinatra, Dolly Parton, Elvis and Rod Stewart: Hollywall Entertainment, Inc. (stock symbol: HWAL) HWAL
- Business investments include broadband and 5G networks, IoT, smart city technologies, energy, teleservices, transport and green environments.
- Development of innovative technology for real-time royalty payments to music authors, performers and publishing professionals.
- Leveraging the company’s extensive music catalog to enter the burgeoning field of blockchain technology and non-fungible tokens (“NFTs”).
Hollywall Entertainment, Inc. (OTC: HWAL) 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 several divisions including HW School of Communications, Hollywall Music, Hollywall TV, HW Productions, HW Networks, HWRadio, HWGOV and The Hollywall Foundation.
HWAL owns the exclusive and non-exclusive rights to market, produce and distribute music master recordings created by such legends as Ray Charles, Ella Fitzgerald, The Jackson 5, Frank Sinatra, Dolly Parton, Elvis Presley, The Bee Gees, Chicago, Rod Stewart and be listed to others.
HWAL is led by Founder, President and CEO Darnell Sutton, an award-winning visionary, strategist and entrepreneur. Mr. Sutton brings years of experience and talents as a seasoned professional in the fields of music recording, television production and broadcasting, sports and music celebrity management, and film distribution.
HWAL builds, restores and creates “smart” cities/communities and fiber optic networks across the United States HWAL Services, initiatives and investments include broadband and 5G networks, IOT, smart city technologies, energy, telemedicine, teleeducation, transport, clean water, waste management and the development of green environments.
HWAL Job growth opportunities continue to attract the industry’s best, brightest and most experienced executives to join their workforce, as well as its ongoing efforts to develop highly effective and profitable strategic partnerships with investment banks, global equity funds, public finance and asset management firms, construction and engineering firms, telecom companies , federal agencies, state and local governments, non-profit organizations, religious organizations and housing authorities.
- Some HWAL Initiatives include:
Design, engineering, construction, operation and deployment of 5G infrastructure, rural and urban wireless and broadband telecommunications network infrastructure.
Promotion, development and implementation of entrepreneurial and economic development opportunities for minority enterprises (MBEs).
Working with Historically Black Colleges and Universities (HBCUs) and Tribal Colleges and Universities (TCUs) to solve the challenges of delivering broadband in vulnerable communities.
Installing Rural Broadband Connectivity in farming-rich communities ensures farmers can use digital tools, among other things, to maintain and improve sustainable practices HWAL.
- Huge music rights to build networks, revenue and bridge the digital divide
On 2.11nd HWAL announced that it is using its music catalog rights to grow the company’s revenues and develop innovative technology systems to pay royalties to music authors, publishers and performing artists in real time.
HWAL Holdings include rights to a catalog of over 17,500 master recordings performed by music legends from Ray Charles to Rod Stewart. HWAL has been successful in licensing and realizing revenue from its music catalog and is seeking and evaluating strategic relationships to expand sales and licensing of its extensive music library.
HWAL is also using its music catalog to enter the world of blockchain technology and non-fungible tokens (“NFTs”), which according to a recent report by Blockworks OpenSea Polygon NFT Sales On Track to Hit 2.2 have a market capitalization of approximately US$31.4 billion -Dollars have M by the end of January – Blockworks has skyrocketed from $80 million just a few years ago.
HWAL is dedicated to expanding its networks into underserved or unserved communities with a vision to increase access to technology, thereby enhancing socioeconomic equity and achievement
As per the US Morgan Stanley Research article, Radio and Music Streaming Audiences (radiotoday.com.au) compares “MRC Data, a music research company affiliated with billboard Magazine reports that total music consumption increased by 11.3% in 2021 due to continued growth in streaming audio:
“There is a growing buyer’s market: public and private funds have acquired music licensing rights and sold them to investors, many of whom are attracted by the returns these funds can offer, with potentially low correlations to other financial assets. In 2021 alone, investors spent more than $5 billion acquiring music rights,” according to an article published by Morgan Stanley, Selling Your Music Catalog: 5 Questions to Ask | morgan stanley,
The 2010s saw an uptick in music catalog acquisitions, a trend that only accelerated in the 2020s. Describe this “catalog acquisition madness”, a January 2021 Rolling Stone Magazine The article noted that even investment and management firms and Wall Street corporations had gotten into the music business by buying rights to the creative works of famous musicians, Music Catalogs Are Selling for Serious Cash. Now Wall Street wants to be there – Rolling Stone)
“Right now, the gorillas in this jungle include Larry Mestel’s Primary Wave and Merck Mercuriadis’ Hipgnosis Songs Fund, two investment and management firms: in 2021 alone, the latter firm acquired copyrights and/or revenue streams from Neil Young, Fleetwood Mac’s Lindsey Buckingham , Shakira and Jimmy Iovine,” the article reads. This isn’t the first time in recent memory that Wall Street mammoths have tampered with the inner workings of the music business,” the article continues. “In 2016, BlackRock (a company with $7.8 trillion in assets under management) made a $300 million investment in Primary Wave – money that was subsequently spent on iconic music catalogs like Bob Marley’s. “
Master recordings generate revenue through a variety of avenues, namely sampling, streaming and purchases/downloads, public broadcast, and use in television, film, and advertising. Second and after a 2020 Variety Magazine Article: “Publisher assets are currently well in excess of 12 in multiples, with master rights being slightly lower but increasing in value. It could be 20x in five to 10 years — value keeps going up.” Scooter Braun Sells Taylor Swift’s Big Machine Masters for Big Payday – Variety
- Completion of the 2020 and 2019 audits
On June 29thth HWAL announced the completion of its annual financial statements for the years ended December 31, 2020 and 2019 audited by the Public Company Accounting Oversight Board United States (PCAOB).
The completion of this audit, along with the forthcoming completion of the 2021 audit, forms the basis for HWAL to qualify as a fully reporting issuer with the SEC. Further, HWAL has applied to be uplisted to the OTCQB Venture Market of the OTC Markets Group.
DISCLAIMER: This article is for informational purposes only and is in no way a recommendation to buy or sell any stock.
Name of the company: Hollywall Entertainment, Inc.
Interlocutor: Darnell Sutton, CEO
E-mail: Send e-mail
Federal State: direct current
Country: United States