From the January PR:
"Hollywood Media Corp. (OTC Pink:HOLL) today announced a $0.45 per share cash distribution to its shareholders following the recently completed sale of its interest in an online ticketing business. The Company’s Board has also authorized the repurchase of up to 1 million shares of its common stock. "
"Hollywood Media has approximately $12 million in cash plus $1.5 million in a holdback of additional monies due Hollywood Media from the purchaser of the online ticketing business
The online ticketing business is a 30% stake they had in MovieTickets.com
Do DD on MovieTickets.com it was one of the top companies in the world in online ticket sales. They sold it to #1 in the world,Fandango in October:
http://deadline.com/2017/10/fandango-acquires-movietickets-com-1202187900/
https://en.wikipedia.org/wiki/MovieTickets.com
In other words,the cash(about half the value of the sale price of 13.5 mil) they are distributing in this dividend is from a real sale of a multi million dollar company.
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