Hollywood Media Corp. (Hollywood Media) owns and operates two divisions: Ad Sales Division and Intellectual Property Division. The Company's Ad Sales Division includes an approximate 30% equity interest in MovieTickets.com, Inc., and its Intellectual Property Division, consisting of Tekno Books and around 50% interest in NetCo Partners. The Company's Ad Sales Division holds its investment in MovieTickets.com. MovieTickets.com is an online ticketing service owned by a venture formed by Hollywood Media and several movie exhibitor chains. The MovieTickets.com Website allows users to purchase movie tickets. MovieTickets.com generates revenues primarily from service fees charged to users for the purchase of tickets and the sale of advertising. The Company's Intellectual Property Division includes a book development and book licensing business owned and operated by its wholly owned subsidiary, Tekno Books. Tekno Books develops and executes book projects.