You couldn't be more correct. Holly Wood is literally the wood that pagan druids used for their wands and is believed by them to be a magically conductive medium.

The top of the site is cancer but the explanation once you scroll down is sound: https://thegreatwork208716197.wordpress.com/2020/03/09/➝-the-term-hollywood-derives-from-the-holly-tree/

The holly tree was used by Druids who were known for being priests and also wizards. The character of Merlin in the legend of King Arthur was a Druid wizard and he used a wand made of holly wood. Hollywood movies are forms of sorcery using psychology, subliminal messages, and manifestation through what is called “lesser magic” and bewitchment.

Look up more history of the holly tree and holly Wood, it's wild. Also tied to bohemian grove in many ways.