Articles from Alliance Entertainment

PLANTATION, Fla., Jan. 30, 2025 (GLOBE NEWSWIRE) -- Alliance Entertainment Holding Corporation (Nasdaq: AENT), a global distributor and wholesaler specializing in music, movies, video games, electronics, arcades, toys, and collectibles, will hold a conference call on Thursday, February 13, at 4:30 p.m. Eastern Time to discuss its results for the second quarter ended December 31, 2024. A press release detailing these results will be issued prior to the call.

Alliance teams up with BDA to accelerate growth for highly sought-after vinyl-figure collectibles

PLANTATION, Fla., Dec. 03, 2024 (GLOBE NEWSWIRE) -- Alliance Entertainment Holding Corporation (Nasdaq: AENT), a global distributor and wholesaler specializing in music, movies, video games, electronics, arcades, toys, and collectibles, is pleased to invite investors to a webinar on December 10, 2024, at 4:15 p.m. ET.

PLANTATION, Fla., Nov. 21, 2024 (GLOBE NEWSWIRE) -- DS, a division of Alliance Entertainment (NASDAQAENT) has announced a partnership with global film & TV studio FIFTH SEASON for the home entertainment releases in the US and Canada.

Operational efficiencies drove improved profitabilityStrengthened balance sheet including 33% reduction in revolver debtHigher-margin Direct to Consumer sales increased to 34% of gross revenue

Campaign includes six exclusive limited edition vinyl LPs and an exclusive Sub Pop/Barnes & Noble branded record tote bag to kick off the promotion at Barnes & Noble stores nationwide.

PLANTATION, Fla., Oct. 30, 2024 (GLOBE NEWSWIRE) -- Alliance Entertainment Holding Corporation (Nasdaq: AENT), a global distributor and wholesaler specializing in music, movies, video games, electronics, arcades, toys, and collectibles, will hold a conference call on Tuesday, November 12, 2024, at 4:30 p.m. Eastern Time to discuss its results for the first quarter ended September 30, 2024. A press release detailing these results will be issued prior to the call.

PLANTATION, Fla., Oct. 30, 2024 (GLOBE NEWSWIRE) -- Distribution Solutions, a division of Alliance Entertainment (NASDAQAENT), has announced an exclusive distribution partnership with Magenta Light Studios for physical home entertainment releases in the US and Canada.

PLANTATION, Fla., Oct. 01, 2024 (GLOBE NEWSWIRE) -- Alliance Entertainment Holding Corporation (Nasdaq: AENT), a global distributor and wholesaler specializing in music, movies, video games, electronics, arcades, toys, and collectibles, is pleased to invite investors to a webinar on October 15, 2024, at 4:15 p.m. ET.

Operational efficiencies and margin improvements drive profitability turnaround

PLANTATION, Fla., Sept. 05, 2024 (GLOBE NEWSWIRE) -- Alliance Entertainment Holding Corporation (Nasdaq: AENT), a global distributor and wholesaler specializing in music, movies, video games, electronics, arcades, toys, and collectibles, will hold a conference call on Thursday, September 19, 2024, at 4:30 p.m. Eastern Time to discuss its results for the fourth quarter and fiscal year ended June 30, 2024. A press release detailing these results will be issued prior to the call.

Arcade1Up Consoles and Games Generated Over $74 Million in Revenue for Alliance Entertainment During FY2024 and Positioned for Continued Growth

popmarket Collaboration with Tsuburaya at San Diego Comic-Con with Retailer Exclusives at Official ULTRAMAN Booth

Global Powerhouse Brand ULTRAMAN Extends Partnership with Mill Creek Entertainment for Continued Success in the US Marketplace

iAccess Alpha Best Ideas Summer Conference on June 25 - 26, 2024 and the Noble Capital Virtual TMT Conference on June 27, 2024

Warwick Goldby Assumes Duties of Chief Operating Officer

Cineverse to Broaden Distribution Solutions’ Slate of Flagship Brands and Independent Films for Growing Home Entertainment Marketplace

Q3 FY 2024 Net Revenues Totaled $211.2 Million

2024 Record Store Day Shatters Previous Year’s Sales, Driven by Superstar Artists Releases

PLANTATION, Fla., April 23, 2024 (GLOBE NEWSWIRE) -- Alliance Entertainment Holding Corporation (Nasdaq: AENT), a global distributor and wholesaler specializing in music, movies, video games, electronics, arcades, toys, and collectibles, will hold a conference call on Thursday, May 9, 2024 at 4:30 p.m. Eastern Time to discuss its results for the fiscal third quarter ended March 31, 2024. A press release detailing these results will be issued prior to the call.

Company to Highlight Continued Success of Physical Media with Attendees

Management to Showcase 873,000 Sq Ft Warehouse including AutoStore™ Storage and Retrieval Technology and Sure Sort® X Sortation Technology System

3 Year ROI With Current Processes Redirected into Sure Sort X with Expected Time Frame Reduction Through Streamlining Additional Processes, New Capabilities and Continuous Improvement

PLANTATION, Fla., March 05, 2024 (GLOBE NEWSWIRE) -- Alliance Entertainment Holding Corporation (Nasdaq: AENT), a global distributor and wholesaler specializing in music, movies, video games, electronics, arcades, toys, and collectibles, will attend the 36th Annual ROTH Conference being held on March 17-19, 2024 at The Ritz Carlton Laguna Niguel located in Dana Point, California.

Q2 FY 2024 Net Revenues Totaled $425.6 Million

Launch Timed Perfectly for Megastar’s Upcoming Super Bowl LVIII Halftime Show

PLANTATION, Fla., Jan. 23, 2024 (GLOBE NEWSWIRE) -- Alliance Entertainment Holding Corporation (Nasdaq: AENT) (“Alliance Entertainment”, “Company”), a distributor and wholesaler of the world’s largest in stock selection of music, movies, video games, electronics, arcades, toys and collectibles, will hold a conference call on Thursday, February 8, 2024 at 4:30 p.m. Eastern Time to discuss its results for the fiscal second quarter ended December 31, 2023. A press release detailing these results will be issued prior to the call.

PLANTATION, Fla., Jan. 22, 2024 (GLOBE NEWSWIRE) -- Alliance Entertainment Holding Corporation (Nasdaq: AENT) (“Alliance Entertainment”, “Company”), a distributor and wholesaler of the world’s largest in stock selection of music, movies, video games, electronics, arcades, toys and collectibles, announced today that on January 19, 2024, the Company received written notice from The Nasdaq Stock Market LLC ("Nasdaq") that for the ten consecutive business days from January 4, 2024, to January 18, 2024, the closing bid price of the Company's common stock has been at $1.00 per share or greater. Accordingly, Alliance Entertainment has regained compliance with Nasdaq Listing Rule 5550(a)(2).

Award-Winning Infinity Game Table and Introduction of Riserless “Deluxe” Arcade Cabinets Drive Sales that are Expected to Continue Growing Throughout 2024

PLANTATION, Fla., Dec. 21, 2023 (GLOBE NEWSWIRE) -- Alliance Entertainment Holding Corporation (Nasdaq: AENT) (“Alliance Entertainment”, “Company”), a distributor and wholesaler of the world’s largest in stock selection of music, movies, video games, electronics, arcades, toys and collectibles, today announced the closing of a new 3-year $120 million senior secured asset based credit facility with White Oak Commercial Finance, LLC. This credit facility replaces the Company’s revolver with Bank of America.

PLANTATION, Fla., Dec. 14, 2023 (GLOBE NEWSWIRE) -- Alliance Entertainment Holding Corporation (Nasdaq: AENT) (“Alliance Entertainment”, “Company”), a distributor and wholesaler of the world’s largest in stock selection of music, movies, video games, electronics, arcades, toys and collectibles, today announced a momentous year for its independent music distribution arm, AMPED Distribution, a leading force in Independent Music distribution with an exceptional roster of artists and labels. In its 10th year of operation, AMPED has achieved a record-breaking 24 Grammy nominations for 19 artists, highlighting the company's commitment to championing independent music and empowering artists to succeed.

Physical Album Sales Drive ATEEZ's Historic Number 1 Billboard Top 200 Chart Position

Alliance and Grail Game to Jointly Create Compelling Opportunities in Collectibles

PLANTATION, Fla., Nov. 30, 2023 (GLOBE NEWSWIRE) -- Alliance Entertainment Holding Corporation (Nasdaq: AENT) (“Alliance Entertainment”, “Company”), a distributor and wholesaler of the world’s largest in stock selection of music, movies, video games, electronics, arcades, toys and collectibles, today announced that its independent distribution arm AMPED Distribution, a leading force in Independent Music distribution with an exceptional roster of artists and labels, has partnered with Vydia, an end to end solution to empower the next generation of music creators, managers, and labels, to expand Vydia’s capabilities for physical distribution.

Alliance Entertainment Publications to Create and Release High Quality, Full-Color, Fan-Focused Collectible Magazines

Duck Dynasty Legacy Continues to Soar as Audiences Flock to Support the Film Available Now on Digital, DVD and Blu-Ray™

First Quarter FY 2024 Net Revenues Totaled $226.8 Million

PLANTATION, Fla., Oct. 30, 2023 (GLOBE NEWSWIRE) -- Alliance Entertainment Holding Corporation (Nasdaq: AENT) (“Alliance Entertainment”, “Company”), a distributor and wholesaler of the world’s largest in stock selection of music, movies, video games, electronics, arcades, toys and collectibles, announced today that it received a written notice (the “Notice”) on October 30, 2023 from the Listing Qualifications Department of the Nasdaq Stock Market LLC (“Nasdaq”) indicating the Company has regained compliance with Nasdaq Listing Rule 5250(c)(1) (the “Rule”) by filing its annual report on Form 10-K for the year ended June 30, 2023 (the “the Annual Report”) on October 19, 2023 with the Securities and Exchange Commission (the “SEC”).

Fourth Quarter Fiscal 2023 Net Revenues Totaled $247 Million

PLANTATION, Fla., Oct. 12, 2023 (GLOBE NEWSWIRE) -- Alliance Entertainment Holding Corporation (Nasdaq: AENT) (“Alliance Entertainment”, “Company”), a distributor and wholesaler of the world’s largest in stock selection of music, movies, video games, electronics, arcades, toys and collectibles, today announced it will participate at The ThinkEquity Conference taking place on October 19, 2023, at the Mandarin Oriental Hotel in New York City.

PLANTATION, Fla., Oct. 10, 2023 (GLOBE NEWSWIRE) -- Alliance Entertainment Holding Corporation (Nasdaq: AENT) (“Alliance Entertainment”, “Company”), a distributor and wholesaler of the world’s largest in stock selection of music, movies, video games, electronics, arcades, toys and collectibles, today announced it received a written notice (the “Notice”) from The Nasdaq Stock Market LLC ("Nasdaq") on October 4, 2023, it no longer complies with Nasdaq Listing Rule 5250(c)(1) (the "Rule") as a result of its failure to file an annual report on Form 10-K for the year ended June 30, 2023, (the “Annual Report”) with the Securities and Exchange Commission (the "SEC") by the required due date.

Celebrates Achievement as Employee-Owned Company

PLANTATION, Fla., Sept. 27, 2023 (GLOBE NEWSWIRE) -- Alliance Entertainment Holding Corporation (Nasdaq: AENT) (“Alliance Entertainment”, “Company”), a distributor and wholesaler of the world’s largest in stock selection of music, movies, video games, electronics, arcades, and collectibles, will be exhibiting at Toy Fair® in New York City at the Jacob K. Javits Center September 30 - October 3.

SUNRISE, Fla., Sept. 19, 2023 (GLOBE NEWSWIRE) -- Alliance Entertainment Holding Corporation (Nasdaq: AENT) (“Alliance Entertainment,” “Company”), a distributor and wholesaler of the world’s largest in stock selection of music, movies, video games, electronics, arcades, and collectibles, today announced it will participate at the LD Micro Main Event XVI Conference taking place October 3-4, 2023.

SUNRISE, Fla., Sept. 12, 2023 (GLOBE NEWSWIRE) -- Distribution Solutions, a division of Alliance Entertainment (NASDAQAENT), has announced a new partnership with Future Today, a leading distribution company in the digital space. This partnership will allow Distribution Solutions to expand their reach and offer viewers even more options for its licensed and owned video content.

SUNRISE, Fla., Sept. 06, 2023 (GLOBE NEWSWIRE) -- Alliance Entertainment Holding Corporation (Nasdaq: AENT) (“Alliance Entertainment”, “Company”), a distributor and wholesaler of the world’s largest in stock selection of music, movies, video games, electronics, arcades, and collectibles, today announced in partnership with Atari® and retro home arcade company, Arcade1Up, the launch of the Arcade1Up Atari 50th Anniversary Deluxe Arcade Machine for the home.

K-POP Sales Increase 55% to $32.0 Million Over Previous Year

PLANTATION, Fla., Aug. 14, 2023 (GLOBE NEWSWIRE) -- Mill Creek Entertainment, a division of Alliance Entertainment, announced it will release Believe Entertainment’s supernatural thriller Nefarious, on Blu-ray™ and DVD on August 15, 2023, following successful theatrical and Premium Video-on-Demand (“VOD”) windows.

PLANTATION, Fla., Aug. 03, 2023 (GLOBE NEWSWIRE) -- Alliance Entertainment Holding Corporation (Nasdaq: AENT) (“Alliance Entertainment”, “Company”), a distributor and wholesaler of the world’s largest in stock selection of music, movies, video games, electronics, arcades, and collectibles, today announced that its independent distribution arm AMPED Distribution, a leading force in the bluegrass music industry with an exceptional roster of artists and labels, has received a remarkable 20 nominations at the 2023 International Bluegrass Music Awards. These nominations stand as a testament to the extraordinary talent and unwavering dedication within the genre, further solidifying AMPED Distribution's commitment to supporting and promoting the very best in bluegrass music.

PLANTATION, Fla., July 05, 2023 (GLOBE NEWSWIRE) -- Alliance Entertainment Holding Corporation (Nasdaq: AENT) (“Alliance Entertainment”, “Company”), a distributor and wholesaler of the world’s largest in stock selection of music, movies, video games, electronics, arcades, and collectibles, today announced the closing of a public offering of 1,335,000 shares of Alliance Entertainment’s Class A common stock at a price to the public of $3.00 per share for aggregate gross proceeds of approximately $4.0 million, prior to deducting underwriting discounts and offering expenses. The Company has granted the underwriter a 45-day option to purchase up to 200,250 additional shares of Class A common stock to cover over-allotments at the public offering price, less the underwriting discount.