|   | þ | QUARTERLY      REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF      1934 |
|--------|--------|---------------------------------------------------------------------------------------------------|

|   |  ̈ | TRANSITION      REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF      1934 |
|--------|--------|----------------------------------------------------------------------------------------------------|

| Delaware                                                                                    |    | 26-1702585                                          |
|---------------------------------------------------------------------------------------------|--------------|-----------------------------------------------------|
| (State or other jurisdiction of incorporationor organization) |    | (I.R.S. Employer Identification No.) |

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| Large      accelerated filer   ̈                                                       |  Accelerated      filer  ̈         |
|-------------------------------------------------------------------------------------------------|---------------------------------------------|
| Non-accelerated      filer   ̈ (Do not      check if a smaller reporting company) |  Smaller      reporting company þ |

| Class of Securities                        |    | Shares Outstanding |
|------------------------------------------------------|--------------|-------------------------|
| Common Stock, $0.00001 par value |    | 52,000,000              |

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Item 1. Financial Statements

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| Balance Sheets at March 31, 2010 (Unaudited) and      December 31, 2009                                                                                                                  |   |   | F-1           |   |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------|---------------|--------|
|                                                                                                                                                                                     |   |   |          |   |
| Statements of Operations for the Three Months      Ended March 31, 2010 and 2009 and for the Period from Date of Inception      (November 8, 2007) through March 31, 2010    (Unaudited) |   |   | F-2           |   |
|                                                                                                                                                                                     |   |   |          |   |
| Statement of Changes in Stockholders’ Deficit      for the Period from Date of Inception (November 8, 2007) through March 31,      2010 (Unaudited)                           |   |   | F-3           |   |
|                                                                                                                                                                                     |   |   |          |   |
| Statements of Cash Flows for the Three Months      Ended March 31, 2010 and 2009 and for the Period from Date of Inception      (November 8, 2007) through March 31, 2010    (Unaudited) |   |   | F-4           |   |
|                                                                                                                                                                                     |   |   |          |   |
| Notes to Financial    Statements                                                                                                                                                         |   |   | F-5      -F-6 |   |

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|                                                                                                      |   | March      31, 2010 (Unaudited) |                                                                            |   | December 31,2009 |   |
|-----------------------------------------------------------------------------------------------------------|--------|-------------------------------------------|---------------------------------------------------------------------------------|--------|-----------------------|--------|
| ASSETS:                                                                                                   |   |                                      |                                                                            |   |                  |   |   |   |
| Current      Assets:                                                                                      |   | $                                         | —                                                                         |   |                  | $      | — |   |
| Cash                                                                                                      |   |                                      |             — |   |                  |   |            — |   |
| Total      Current Assets                                                                                 |   |                                      |            —       |   |                  |   |            — |   |
| TOTAL      ASSETS                                                                                         |   | $                                         | —                                                                         |   |                  | $      | — |   |
|                                                                                                      |   |                                      |                                                                            |   |                  |   |   |   |
| LIABILITIES      AND STOCKHOLDER’S DEFICIT:                                                         |   |                                      |                                                                            |   |                  |   |   |   |
| Accrued      Payable and Accrued Expenses                                                                 |   | $                                         |  950                                                                       |   |                  | $      | 3,200 |   |
| Advances      from Officer                                                                                |   |                                      |        9,015                                 |   |                  |   |         5,565 |   |
| Total      Current Liabilities                                                                            |   |                                      |        9,965                                 |   |                  |   |         8,765 |   |
| TOTAL      LIABILITIES                                                                                    |   |                                      |   9,965                                                               |   |                  |   |      8,765 |   |
|                                                                                                      |   |                                      |                                                                            |   |                  |   |   |   |
| STOCKHOLDERS’      DEFICIT:                                                                         |   |                                      |                                                                            |   |                  |   |   |   |
| Common      stock,$.00001 par value, authorized 100,000,000 shares 52,000,000 issued      and outstanding |   |                                      |        520                                   |   |                  |   |        520 |   |
|                                                                                                      |   |                                      |                                                                            |   |                  |   |   |   |
| Additional      paid in capital                                                                           |   |                                      |      3,000                                             |   |                  |   |       3,000 |   |
|                                                                                                      |   |                                      |                                                                            |   |                  |   |   |   |
| Deficit      accumulated during the development stage                                                     |   |                                      |     (13,485                                                 | )      |                  |   |       (12,285 | ) |
|                                                                                                      |   |                                      |                                                                            |   |                  |   |   |   |
| Total      Stockholders’ Deficit                                                                    |   |                                      |     (      9,965)                                           |   |                  |   | (      8,765) |   |
|                                                                                                      |   |                                      |                                                                            |   |                  |   |   |   |
| TOAL      LIABILITIES AND STOCKHOLDERS’ DEFICIT                                                     |   | $                                         | —                                                                         |   |                  | $      | — |   |

----

|                                                                |   |                                                    |                                                  |   | Period From Date of Inception |                                                    |
|---------------------------------------------------------------------|--------|---------------------------------------------------------|-------------------------------------------------------|--------|---------------------------------------------------|---------------------------------------------------------|
|                                                                |   | For the Three      Months Ended               |                                                  |   | (November 8, 2007)                      |                                                    |
|                                                                |   | March      31                                           |                                                  |   | Through                                           |                                                    |
|                                                                |   | 2010                                                    |                                                  |   | 2009                                              |                                                    |   | March 31, 2010 |   |
|                                                                |   |                                                    |                                                  |   |                                              |                                                    |   |   |   |
| Revenues                                                            |   | $                                                       | —                                               |   |                                              | $                                                       | — |   |   | $ | — |   |
|                                                                |   |                                                    |                                                  |   |                                              |                                                    |   |   |   |   |   |   |
| Expenses                                                            |   |                                                    |                                                  |   |                                              |                                                    |   |   |   |   |   |   |
| General      and Administrative                                     |   |                                                    |         1,200 |   |                                              |                                                    | 180 |   |   |   |                                     13,485 |   |
|                                                                |   |                                                    |                                                  |   |                                              |                                                    |   |   |   |   |   |   |
| Total      Expenses                                                 |   | $                                                       |        1,200       |   |                                              | $                                                       | 180 |   |   | $ |                                    13,485 |   |
|                                                                |   |                                                    |                                                  |   |                                              |                                                    |   |   |   |   |   |   |
| Net      Loss                                                       |   | $                                                       |       (1,200            | )      |                                              | $                                                       | (180 | ) |   | $ |                                   (13,485 | ) |
|                                                                |   |                                                    |                                                  |   |                                              |                                                    |   |   |   |   |   |   |
| Loss      per Share - Basic and Diluted                             |   | $          | (0.00                                                 | )      |                                              | $          | (0.00 | ) |   | $ | (0.00 | ) |
|                                                                |   |                                                    |                                                  |   |                                              |                                                    |   |   |   |   |   |   |
| Weighted      Average Common Shares Outstanding - Basic and Diluted |   |                                                    | 52,000,000                                            |   |                                              |                                                    | 2,000,000 |   |   |   |                                8,129,256 |   |

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|                                                    |   | Common Stock    |                   |   |   |   |    |                          |   |   |                                                    |   |
|---------------------------------------------------------|--------|----------------------|------------------------|--------|--------|--------|---------|-------------------------------|--------|--------|---------------------------------------------------------|--------|
|                                               |   | Number ofShares |                   |   | Amount |   |    | AdditionalPaid inCapital |   |   | Accumulated(Deficit)During theDevelopmentStage     |   |   | TotalStockholders’Deficit |   |
|                                                    |   |                 |                   |   |   |   |    |                          |   |   |                                                    |   |   |   |   |
| Inception  -      November 8, 2007            |   |                 | —                |   |   | $      | — |                          |   | $      | —                                                 |   |   | $ | — |   |   | $ | — |   |
|                                                    |   |                 |                   |   |   |   |    |                          |   |   |                                                    |   |   |   |   |   |   |   |   |   |
| Issuance      of  Stock  to founder |   |                 | 2,000,000              |   |   |   | 20      |                          |   |   | —                                                 |   |   |   | — |   |   |   | 20 |   |
| Net      Loss                                           |   |                 | —                |   |   |   | — |                          |   |   | —                                                 |   |   |   | (4,808 | ) |   |   | (4,808 | ) |
| Additional      Paid In Capital                         |   |                 | —                |   |   |   | — |                          |   |   | 3,000                                                   |   |   |   | — |   |   |   | 3,000 |   |
| Balance:      December 31, 2008                         |   |                 | 2,000,000              |   |   |   | 20      |                          |   |   | 3,000                                                   |   |   |   | (4,808 | ) |   |   | (1,788 | ) |
| Net      Loss                                           |   |                 | —                |   |   |   | — |                          |   |   | —                                                 |   |   |   | (7,477 | ) |   |   | (7,477 | ) |
| Issuance      of Stock to Officers                      |   |                 | 50,000,000             |   |   |   | 500     |                          |   |   |         — |   |   |   | — |   |   |   | 500 |   |
| Balance:  December      31, 2009              |   |                 | 52,000,000             |   |   |   | 520     |                          |   |   | 3,000                                                   |   |   |   | (12,285 | ) |   |   | (8,765 | ) |
| Net      Loss                       |   |                 | —                |   |   |   | — |                          |   |   | —                                                 |   |   |   | (1,200 | ) |   |   | (1,200 | ) |
| Balance:      March 31,2010                        |   |                 |   52,000,000 |   |   |   | 520     |                          |   |   |  3,000                                             |   |   |   | (13,485 | )  |   |   |  (9,965 | )  |

----

|                                            |   |                                                                            |                                                    |   |                         |                                                                            |                                                    | Period From            |   |
|------------------------------------------------------|--------|---------------------------------------------------------------------------------|---------------------------------------------------------|--------|------------------------------|---------------------------------------------------------------------------------|---------------------------------------------------------|-----------------------------|--------|
|                                            |   |                                                                            |                                                    |   |                         |                                                                            |                                                    | Date of Inception |   |
|                                            |   | For the Three      Months Ended                                  |                                                    |   | (November 8, 2007) |                                                                            |
|                                            |   | March      31,                                                                  |                                                    |   | Through                      |                                                                            |
|                                            |   | 2010                                                                            |                                                    |   | 2009                         |                                                                            |                                                    | March      31,2010          |   |
|                                                 |   |                                                                            |                                                    |   |                         |                                                                            |                                                    |                        |   |
| Cash      Flows from Operating Activities            |   |                                                                            |                                                    |   |                         |                                                                            |                                                    |                        |   |
|                                                 |   |                                                                            |                                                    |   |                         |                                                                            |                                                    |                        |   |
| Net      Loss                                        |   | $                                                                               |  (1,200                                            | )      |                         | $                                                                               | (180                                                    | )                           |   | $ | (13,485 | ) |
|                                                 |   |                                                                            |                                                    |   |                         |                                                                            |                                                    |                        |   |   |   |   |
| Non      Cash Adjustments:                           |   |                                                                            |                                                    |   |                         |                                                                            |                                                    |                        |   |   |   |   |
| Common      Stock Issued in Lieu of Expenses paid    |   |                                                                            |    —                               |   |                         |                                                                            | —                                                 |                        |   |   | 20 |   |
|                                                 |   |                                                                            |                                                    |   |                         |                                                                            |                                                    |                        |   |   |   |   |
| Change      in Accrued Expenses                      |   |                                                                            | (2,250)                                                 |   |                         |                                                                            | —                                                 |                        |   |   | 950 |   |
|                                                 |   |                                                                            |                                                    |   |                         |                                                                            |                                                    |                        |   |   |   |   |
| Net      Cash Flows from Operating Activities        |   |                                                                            | (3,450                                                  | )      |                         |                                                                            | (180                                                    | )                           |   |   |                  (12,515 | ) |
|                                                 |   |                                                                            |                                                    |   |                         |                                                                            |                                                    |                        |   |   |   |   |
| Net      Cash Flows from Investing Activities        |   |                                                                            | —                                                 |   |                         |                                                                            | —                                                 |                        |   |   | — |   |
|                                                 |   |                                                                            |                                                    |   |                         |                                                                            |                                                    |                        |   |   |   |   |
| Cash      Flows from Financing Activities            |   |                                                                            |                                                    |   |                         |                                                                            |                                                    |                        |   |   |   |   |
| Advances      from Officer                           |   |                                                                            |   3,450                                       |   |                         |                                                                            | —                                                 |                        |   |   |                    9,015 |   |
| Issuance      of Stock to Officers                   |   |                                                                            |         — |   |                         |                                                                            |                                                    |                        |   |   |                       500 |   |
| Additional      Paid—In Capital                |   |                                                                            | —                                                 |   |                         |                                                                            |         — |                        |   |   |                     3,000 |   |
| Net      Cash from Financing Activities         |   |                                                                            | 3,450                                                   |   |                         |                                                                            | —                                                 |                        |   |   |                   12,515 |   |
|                                                 |   |                                                                            |                                                    |   |                         |                                                                            |                                                    |                        |   |   |   |   |
| Net      Change in Cash and Cash Equivalents         |   |                                                                            | —                                                 |   |                         |                                                                            | —                                                 |                        |   |   | — |   |
|                                                 |   |                                                                            |                                                    |   |                         |                                                                            |                                                    |                        |   |   |   |   |
| Cash      and Cash Equivalents - Beginning of Period |   |                                                                            | —                                                 |   |                         |                                                                            | —                                                 |                        |   |   | — |   |
|                                                 |   |                                                                            |                                                    |   |                         |                                                                            |                                                    |                        |   |   |   |   |
| Cash      and Cash Equivalents - End of Period       |   | $                                                                               | —                                                 |   |                         | $                                                                               | —                                                 |                        |   | $ | — |   |
|                                                 |   |                                                                            |                                                    |   |                         |                                                                            |                                                    |                        |   |   |   |   |
| Cash      Paid During the Period for:                |   |                                                                            |                                                    |   |                         |                                                                            |                                                    |                        |   |   |   |   |
| Interest                                             |   | $                                                                               | —                                                 |   |                         | $                                                                               | —                                                 |                        |   | $ | — |   |
| Income      Taxes                                    |   | $              | —                                                 |   |                         | $              | —                                                 |                        |   | $ | — |   |

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NOTES TO FINANCIAL STATEMENTS

| Note      A - | The      Company |
|---------------|------------------|

Mr.  Ji Li, Ph. D was appointed Cultural and Creative Advisor..  Mr. Li  serves as executive director of the Cultural andCreative Industry Research Center at Tsinghua University,China

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| Note      A - | The      Company (Continued) |
|---------------|------------------------------|

| Note      B - | Summary      of Significant Accounting Policies |
|---------------|-------------------------------------------------|

| Note      C - | Equity      Securities |
|---------------|------------------------|

| Note      D - | Going      Concern |
|---------------|--------------------|

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| Item      2. | Management’s      Discussion and Analysis or Plan ofOperation |
|--------------|---------------------------------------------------------------------|

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| Item      3. | Quantitative      and qualitative Disclosures About MarketRisk |
|--------------|----------------------------------------------------------------|

| Item      4. | Controls      and Procedures |
|--------------|------------------------------|

----

----

| Item      1. | Legal      Proceedings. |
|--------------|-------------------------|

   

| Item      2. | Unregistered      Sales of Equity Securities and Use ofProceeds. |
|--------------|------------------------------------------------------------------|

   

| Item      3. | Defaults      Upon Senior Securities. |
|--------------|---------------------------------------|

   

| Item      4. | Submission      of Matters to a Vote of SecurityHolders. |
|--------------|----------------------------------------------------------|

   

| Item      5. | Other      Information. |
|--------------|-------------------------|

   

| Item      6. | Exhibits. |
|--------------|-----------|

| 31.1 | Certification      by Chief Executive Officer pursuant to Sarbanes-Oxley Section      302* |
|------|--------------------------------------------------------------------------------------------|

| 31.2 | Certification      by Chief Financial Officer pursuant to Sarbanes-Oxley Section      302* |
|------|--------------------------------------------------------------------------------------------|

| 32.1 | Certification      by Chief Executive Officer and Chief Financial Officer pursuant to Section      906 of Sarbanes Oxley Act of 2002* |
|------|---------------------------------------------------------------------------------------------------------------------------------------|

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|   |   |   | HOLLYWOOD      ENTERTAINMENTEDU      HOLDING, INC. |
|--------|--------|--------|----------------------------------------------------|
|   |   |   | (Registrant)                                       |
|   |   |   |                                               |
|   |   |   | /s/      Hollis Liu                                |
|   |   |   | Hollis      Liu, President                         |

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