Article: Hollywood Entertainment Announces Formation of New Company to Manage And Develop Internet Businesses, Including Reel.com.

Internet Hollywood Announces Executive Appointments

PORTLAND, Ore., Feb. 26 /PRNewswire/ -- Hollywood Entertainment Corporation (Nasdaq: HLYW), dba Hollywood Video, the nation's second largest video store chain with 1,260 corporate owned video rental superstores as of December 31, 1998, today announced the formation of Internet Hollywood, Inc. The new company will be a wholly-owned subsidiary responsible for operating and expanding the Company's online businesses, including Reel.com. The Company also announced the appointment of Jeffrey D. Jordan as President of Internet Hollywood and David G. Martin as Mr. Jordan's replacement as Executive Vice President and ...

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