Zippy Holdings LLC

Zippy Holdings LLC is a company formed on February 20, 2022 by Takash Puterr following an antitrust lawsuit hit against ATBW Holdings LLC, as well as the cost of keeping both stores under ownership. The new company effectively ends the department store business that had played a major part in the existence of ATBW Label Networks for 59 years. The remaining 30% of CCTV Gift Shop was also sold to Doju Studios, but they will retain the CCTV name under contract. Escade Family Division as well as Bondi Blue's Store are also subsidiaries of the new company.

The oldest ATBW Store built and opened in December 1962 as well as the ones inside of ATBW City and ATBW Theme Parks are not included in the deal, and all other stores inside of ATBW City will also remain under ownership of ATBW Holdings LLC. CCTV Gift Shop is also not included since it is getting sold to Doju Studios which will also be acquiring CCTV Online, but CCTV Productions will still continue to create merchandise for the chain of stores and Doju will retain the CCTV name after acquisition. This effectively reduces the size of ATBW Holdings from 22% to 15%. Even though it will be a separate company, it will still be headquartered in ATBW City and both departments will still remain there.

History
In response to the ATBW Antitrust Lawsuit, the company began selling or dismantling assets. Even before this, Langile Corporation split into Langile Mediaworks Division and Langile Consumer Branding, both of which eventually split into more entities later on. The former also split into ATBW Holdings LLC and Langile Holdings LLC, the latter of which being the sole of the two still under control of Eric Langile III.

The company was formed on February 20, 2022 and Hugo Douglas was chosen as the CEO of this new company. The company's ATBW assets will still remain in ATBW City due to a contract that expires in 2027.

Subsidiaries

 * ATBW Store (oldest one from 1962, as well as the two stores in ATBW City and ATBW Theme Parks are still owned by ATBW Holdings LLC)
 * Zippy Land
 * Zippy Land Essentials
 * Escade Family Division
 * Michellemart
 * Bondi Blue's Store
 * ATBW Store Cafe
 * Ozone Speakers
 * ATBW Logistics
 * ATBW Electronics
 * Zippy Logistics
 * Zippy Electronics
 * Zippy Appliances