Hollywood Media, CCM Master and affiliates enter non-disclosure agreement

By Lisa Kerner

Charlotte, N.C., Dec. 17 - Hollywood Media Corp. investors led by CCM Master Qualified Fund, Ltd. and Coghill Capital Management, LLC are engaged in discussions with management and representatives of the company's board of directors concerning "various strategic alternatives," according to a schedule 13D filing with the Securities and Exchange Commission.

The alternatives include "a number of potential extraordinary transactions that could result in a change of control of the issuer," the filing stated.

In connection with their discussions, CCM Master and Coghill have entered into a non-disclosure agreement in order to evaluate confidential information provided by Hollywood Media.

The investors beneficially own some 3.36 million shares, or 10.6%, of the Boca Raton, Fla., entertainment content provider.

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