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Alliance Entertainment Holding Corporation (NASDAQ: AENT) delivers essential news and press releases for investors tracking the physical media distribution sector. This page provides timely updates on corporate developments, including earnings reports, exclusive licensing agreements, and strategic initiatives in music, movie, and video game distribution.
Discover official announcements about AENT's global retail network, partnerships with content producers, and innovations in collector-focused markets like vinyl records and limited-edition collectibles. The curated news selection helps stakeholders monitor operational efficiencies, inventory management advancements, and trends in physical media demand.
Key updates include wholesale distribution milestones, direct-to-consumer channel expansions, and financial performance metrics. Bookmark this page for reliable access to AENT's latest business developments and industry analysis.
Alliance Entertainment (NASDAQ: AENT) has appointed Robert Oram as Executive Vice President to oversee the company's filmed entertainment sales and distribution efforts. Oram, a 30-year industry veteran formerly serving as Head of Domestic Sales and Trade Marketing at Paramount Pictures Home Entertainment, will be responsible for managing the company's exclusive distribution agreement with Paramount and accelerating sales growth in high-value collectible formats.
The appointment reflects Alliance's strategic investment in operational excellence and category leadership in collectibles distribution. CEO Jeff Walker highlighted Oram's deep industry relationships and proven leadership as key assets for scaling collectible film formats and deepening retail impact. The move comes as Alliance positions itself to capitalize on renewed demand for physical media in the multi-billion-dollar collectibles market.
Alliance Entertainment (NASDAQ: AENT) has scheduled its third quarter fiscal year 2025 earnings conference call for Thursday, May 15, 2025, at 4:30 p.m. Eastern Time. CEO and CFO Jeff Walker and CAO Amanda Gnecco will host the call, which will include a presentation and Q&A session. The company will release its financial results for the quarter ended March 31, 2025, before the call.
Alliance Entertainment is a major distributor in the entertainment and pop culture collectibles industry, maintaining an inventory of over 325,000 unique SKUs, including 57,300 exclusive titles across various media formats. The company serves more than 35,000 retail locations and provides e-commerce fulfillment services for leading retailers.
Alliance Entertainment (NASDAQ: AENT) announces its key role in Record Store Day 2025, planning to distribute approximately 650,000 units of exclusive vinyl releases to over 1,500 independent retailers nationwide - an 8.3% increase from 2024. The distribution will be managed through their 867,000 sq. ft. Shepherdsville, KY facility.
The company's AMPED Distribution will release 67 unique Record Store Day titles with over 100,000 units, featuring artists like MJ Lenderman, Rainbow Kitten Surprise, and Anderson.Paak. The event, scheduled for April 12, 2025, comes amid strong industry growth, with RIAA reporting vinyl sales reaching 24.3 million units in H1 2024, up 10.7% year-over-year, valued at $739.9 million (+17%).
Alliance Entertainment (NASDAQ: AENT) has won the bid to acquire key assets from Diamond Comic Distributors through a court-supervised bankruptcy process. The acquisition includes Diamond Comic Distributors (U.S.), Alliance Game Distributors, Diamond Select Toys & Collectibles, and Collectible Grading Authority.
The acquired assets are projected to generate over $200 million in revenue and $10 million in EBITDA by FY2026. The businesses support over 5,000 retail storefronts and provide access to the $50+ billion global market for tabletop games, collectibles, comics, and pop culture merchandise.
Alliance Game Distributors offers 15,000+ unique SKUs to 3,000+ independent retailers, while Diamond Comic Distributors serves 2,500+ comic shops. Collectible Grading Authority has authenticated over 500,000 collectibles across 50+ countries.
The transaction will be financed through an amended $160 million Revolving Credit Facility, up from $120 million, and is expected to close in April 2025, subject to bankruptcy court approval.
Alliance Entertainment (NASDAQ: AENT) reported Q2 FY2025 results with net revenues of $393.7M, down from $425.6M in Q2 FY2024. Net income was $7.1M ($0.14 per share), compared to $8.9M ($0.18 per share) last year, impacted by a $2.5M non-cash warrant expense. Adjusted EBITDA reached $16.1M.
Key highlights include: vinyl record sales increased 12% YoY to $109M, physical movie sales surged 23% to $86M, and Consumer Direct Fulfillment reached 42% of gross revenue. The company reduced operating expenses by 13% YoY and distribution costs by 18% through automation and warehouse consolidation.
Strategic developments include acquiring Handmade by Robots, securing an exclusive distribution agreement with Paramount Pictures, and expanding retail partnerships. The company reduced revolver debt by 31%, strengthening its balance sheet and liquidity position.
Alliance Entertainment (NASDAQ: AENT) has launched its new line of Handmade by Robots™ collectible figures in select Walmart stores nationwide and on Walmart.com as of February 7. The collection features meticulously crafted pieces celebrating pop culture icons, including exclusive -edition Blacklight figures from Back to the Future featuring Marty McFly and Doc Emmett Brown, as well as Shorty and Spikey characters from Killer Klowns from Outer Space.
The launch represents a strategic expansion of Alliance Entertainment's retail presence through Walmart's growing collectible assortment, aiming to make these premium collectibles more accessible to a broader audience while capitalizing on the increasing consumer demand for exclusive and -run collectibles.
Alliance Entertainment (NASDAQ: AENT) has announced its upcoming second quarter fiscal year 2025 earnings conference call, scheduled for February 13, 2025, at 4:30 p.m. Eastern Time. The call will discuss results for the quarter ended December 31, 2024, with a press release to be issued before the call.
Executive Chairman Bruce Ogilvie and CEO/CFO Jeff Walker will host the call, which will include a Q&A session and presentation. The company, a global distributor of music, movies, toys, collectibles, and consumer electronics, maintains an inventory of over 325,000 unique SKUs, including 57,300 exclusive items across various media formats.
Shareholders and interested parties can access the call via toll-free (1-877-407-0784) or international (1-201-689-8560) numbers using Conference ID 13751293. A replay will be available until April 13, 2025.