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A friendly and approachable brand name which would be ideally suited to a music or media company.
The word "Hootlo" contains only six characters and just two syllables. Two-syllable names are extremely rare and extremely sought after. Established brands using two syllable names include Kleenex, YouTube and Ikea.
Hootlo.com is a dot com domain. Dot com domains are the most prestigious domain extension in the world, famously used by websites like twitter.com. Owning a dot com says that you own the word "Hootlo" online.