Hollywall Entertainment Buys OVD OpenVision, To Rename It HollyVision

Hollywall Entertainment bought online video distributor OpenVision Networks, it said in a news release Thursday. Financial terms of the cash and stock acquisition weren't disclosed. Hollywall said OpenVision will operate as HollyVision, with founders Sherman Davis and Leroy Gordon managing it and reporting to Hollywall CEO Darnell Sutton. By acquiring OpenVision, “Hollywall will now offer news and entertainment seekers a one-stop venue with the greatest ease of access to a world of outstanding content, either free or at competitive rates, from television, movies, radio and video games," Sutton said in the release. As "the first virtual, mainstream international cable network," HollyVision will provide 24-hour free basic service available online, while its Key Lime Pie set-top box will allow for viewing of its content on TVs, the release said.