About Hollywood Media Corp
HOLLYWOOD MEDIA CORP. (Nasdaq: HOLL) owns and operates two main divisions: its Ad Sales Division, which includes approximately a 34% 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, and additional information about Hollywood Media and its businesses is provided in Hollywood Media's filings with the Securities and Exchange Commission (SEC).
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 joint venture formed by Hollywood Media and several major movie exhibitor chains. Hollywood Media currently owns approximately 34% 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, frequently with best-selling authors. Tekno Books has worked with over 60 New York Times best-selling authors, including Isaac Asimov, Tom Clancy, Tony Hillerman, John Jakes, Jonathan Kellerman, Dean Koontz, Robert Ludlum, Nora Roberts and Scott Turow. Hollywood Media is also a 50% partner in NetCo Partners, a partnership that owns NetForce. Hollywood Media also owns directly additional intellectual property created for it by various best-selling authors such as Mickey Spillane, Anne McCaffrey and others.
Note on Forward-Looking Statements
This website may contain, in addition to historical information, certain “forward-looking statements” within the meaning of federal securities laws with respect to Hollywood Media Corp. and/or its subsidiaries and affiliates. Forward-looking statements are based on current management expectations that involve risks and uncertainties that may result in such expectations not being realized, and may cause actual outcomes and results to differ materially from what is expressed or forecasted in such forward-looking statements. Without limiting the generality of the foregoing, forward-looking statements are typically phrased using words such as "may," "will," "should," "expect," "believe," "anticipate," "intend," "plan," "could," "estimate," "pro forma" or "continue" or the negative variations thereof or similar expressions or comparable terminology. Some of the potential risks and uncertainties include, but are not limited to, the need to manage our growth, our ability to realize anticipated revenues and cost efficiencies, our ability to develop and maintain strategic relationships, technology risks, the volatility of our stock price, the possibility of not receiving payments pursuant to the promissory note and the potential earnout under the Broadway Ticketing Division sale agreement, the timing and amount of the payments received by Hollywood Media pursuant to the promissory note and the potential earnout under the Broadway Ticketing Division sale agreement, the ability of Hollywood Media to exercise or put the warrant issued pursuant to the Broadway Ticketing Division sale agreement, the possibility of our common stock being delisted from The NASDAQ Global Market and not qualifying for trading on another exchange or market (such as The NASDAQ Capital Market or the over-the-counter market), and other risks and factors described in Hollywood Media Corp.'s filings with the Securities and Exchange Commission including our Form 10-K for 2011. Because these forward-looking statements are subject to risks and uncertainties, we caution you not to place undue reliance on these forward-looking statements. Such forward-looking statements speak only as of the date on which they are made. All written and oral forward-looking statements attributable to Hollywood Media Corp. or persons acting on its behalf are qualified by these cautionary statements.
Investor Relations Contacts for Hollywood Media Corp.
Investor Relations Department