Business
Hollywall Entertainment, Inc., to Change its Name to HWAL Inc., as Corporate Focus Expands to Acquiring and Operating Real World Assets
Hollywall Entertainment, Inc., to Change its Name to HWAL Inc., as Corporate Focus Expands to Acquiring and Operating Real World Assets.
About this update from Hollywall Entertainment Inc.
[{"type":"text","content":"\r\n\r\n \r\n \r\n Hollywall Entertainment, Inc., to Change its Name to HWAL Inc., as Corporate Focus Expands to Acquiring and Operating Real World Assets \r\n \r\n \r\n\r\n\r\nHollywall Entertainment, Inc., to Change its Name to HWAL Inc., as Corporate Focus Expands to Acquiring and Operating Real World Assets \r\n\r\n\r\n\r\n\r\n\r\nLAS VEGAS, NV / ACCESS Newswire / September 24, 2025 / Hollywall Entertainment Inc., (OTCID:HWAL) (the \"Company\"), a technology, media and entertainment content and intellectual property holding company, will change its name to HWAL Inc., as its corporate focus expands to acquiring, incubating, and operating what have recently become referred to as \"Real World Assets.\"\r\n As recently announced, the Company reached a settlement with a lender that resolved pending litigation between them in the State of Nevada. The matter was settled under confidential terms without admission of wrongdoing by either party.\r\n Last year the Company announced its intention to transfer operations related to its music catalog (the \"Catalog\") to its wholly subsidiary Melody Trust, LLC (\"Melody\").\r\n The Catalog is one of the largest independently owned music libraries in the world and comprises a prestigious collection of over 27,000 music recordings, showcasing among others the remarkable talents of numerous internationally acclaimed award-winning music legends. These recordings encompass iconic performances by esteemed artists such as Ray Charles, Elvis Presley, Tony Bennett, The Bee Gees, Chicago, The Platters, George Gershwin, Marvin Gaye, James Brown, Bo Didley, Willie Nelson, Waylon Jennings, Rod Stewart, and many others.\r\n The latest valuation for the Catalog was conducted by Sun Business Valuation, pursuant to which the fair market value of the Catalog was assessed to be approximately $146 million as of March 12, 2021. HWAL is confident that the Catalog is far more valuable today, especially considering recent sales of so many large and small music catalogs over the past few years.\r\n Recently Melody formed a new music sync licensing division and added Jesse Wright to the management team for licensing the Catalog for use in film, TV, games, trailers, and advertisement.\r\n Jesse Wright brings to the Company over fifteen years of seasoned experience via music supervisor and director roles at Warner Mu...