Business
Hollywall Entertainment, Inc. (“HWAL”) and LIG Assets, (“LIGA”) Forms New Company, Ailiance, Inc.
Hollywall Entertainment, Inc. (“HWAL”) and LIG Assets, (“LIGA”) Forms New Company, Ailiance, Inc..
About this update from Hollywall Entertainment Inc.
[{"type":"text","content":"WASHINGTON, DC / ACCESSWIRE / July 27, 2023 / Hollywall Entertainment, Inc. (OTC Pink:HWAL), a publicly traded telecommunications, technology, media, and entertainment content company, www.hollywall.com, is pleased to announce, in tandem with Nashville-based LIG Assets, Inc. (OTC Pink:LIGA), a publicly traded sustainability-oriented holding company with a focus on sustainable housing, media, and logistic markets have formed a new Technology driven Media and entertainment company, "Ailiance, Inc", and plans to issue a new stock dividend to both companies' shareholders first quarter 2024. Ailiance was established out of both HWALs' and LIGAs' collective interest to produce and acquire music, TV and film media content along with purchasing TV, Radio, Cable Networks, and Syndication and Distribution Groups.One of the primary strategic objectives of Ailiance is to pioneer innovative methods for monetizing HWAL's extensive music library.Both companies, individually and collaboratively, are investing in and advancing projects in industries such as AI, Data Center and Analytics, IA, Blockchain, Music NFTs, Crypto, Fintech, sustainable housing, and renewable energy."Over the past year, LIGA has purposefully been developing corporate relationships to fulfill our corporate mission of being a Sustainability-Oriented holding company focused on the sustainable housing, media and logistic markets that benefits are investors. We are currently transforming into a fundamentally different and dramatically enhanced organization that is now working with corporations, such as Hollywall Entertainment, that creates dynamic synergies of all of our relationships by working together. So it's time to embrace new joint ventures, spin-offs and strategic acquisitions which better reflect who we have become and our vision for the future," said Marvin Baker, President and Chairman of the Board of LIG Assets, Inc.; "Ailiance captures our direct marketing, outstanding content and innovative spirit as we aspire to build the country's best video/audio content, distribution and entertainment platform that will only enhance the shareholder value of both companies."Roxanna Green, President of Hollywall Entertainment, Inc., stated the entire Hollywall team is excited to work with Mr. Baker and his vast seasoned TV, Film, Radio, Music, and ...