Overview
HOLLYWOOD MEDIA CORP. (OTC: HOLL) owns and operates two main divisions: its Ad Sales Division, which includes an approximate 30% equity interest in MovieTickets.com, Inc., and its Intellectual Property Division, consisting of Tekno Books and a 50% interest in NetCo Partners. These businesses are further described below.
Hollywood Media’s Ad Sales Division holds Hollywood Media’s investment in MovieTickets.com. MovieTickets.com, Inc. is one of the two leading destinations for the purchase of movie tickets through the Internet and on mobile devices. MovieTickets.com is an online ticketing service owned by a venture formed by Hollywood Media and several major movie exhibitor chains. Hollywood Media currently owns approximately 30% of the equity of MovieTickets.com. The MovieTickets.com website allows users to purchase movie tickets and retrieve them at “will call” windows or kiosks at theaters and, for theaters with the capability for users to print tickets out at their home or office. MovieTickets.com generates revenues primarily from service fees charged to users for the purchase of tickets and the sale of advertising.
Our Intellectual Properties division includes a book development and book licensing business owned and operated by our wholly-owned subsidiary, Tekno Books, which develops and executes book projects. www.hollywoodmedia.com/index.htm
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