Hollywood Media Corp (NASDAQ:HOLL)

Hollywood Media Corp. engages in various businesses focusing primarily on advertising, book development license fees and royalties. The company operates through three reportable business segments: Ad Sales, Intellectual Properties and Other. The Ad Sales segment sells advertising on plasma TV displays throughout the UK and Ireland, on lobby display posters, movie brochure booklets and ticket wallets distributed in cinemas, live theater and other entertainment venues in the UK and Ireland. The segment also includes company's investment in MovieTickets.com. The Intellectual Properties segment owns and controls the rights to certain intellectual properties created by various authors and media celebrities, which the company licenses across all media. The segment also includes Tekno Books, a book development business. The Other segment comprises payroll and benefits for corporate and administrative personnel as well as other corporate-wide expenses such as legal fees, audit fees, proxy costs, insurance, and centralized information technology. The segment also includes company's investment in Project Hollywood. Hollywood Media was founded on January 22, 1993 by Mitchell Rubenstein and Laurie S. Silvers and is headquartered in Boca Raton, FL.