Coghill is currently in discussions with Hollywood Media about the future of the latter company, which provides "news, information and ticketing via a network of media businesses covering the entertainment and media industries." According to a filing with the Securities and Exchange Commission, Coghill currently owns 3.37 million shares of Hollywood Media. Hollywood Media stock is trading near its 12-month low, currently at $3.25 per share. The company posted losses of $7.684 million over the first three quarters of 2007.