PLANTATION, Fla.–(BUSINESS WIRE)–April 26, 2023–
Alliance Leisure Holding Company (OTC: AENT) (Alliance Leisure, Firm), a distributor and wholesaler of the most important choice of inventory music, films, video video games, electronics, arcades and collectibles on the earth, unbiased retailers’ feedback at this time confirmed this previous Saturday’s Document Retailer Day occasions are the largest ever. Document Retailer Day (www.recordstoreday.com) is an annual occasion began in 2007 and held on a Saturday in April to rejoice unbiased report retailer tradition. The day brings collectively followers, artists and 1000’s of unbiased report shops from all over the world. Annually quite a lot of data are pressed particularly for Document Retailer Day and are solely distributed to report shops collaborating within the occasion. Now in its sixteenth yr, Document Retailer Day has performed a serious position within the continued enlargement and success of vinyl data within the music trade, with bodily vinyl album gross sales in 2022 surpassing 43 million. models.
As a serious supporter of unbiased report shops throughout the USA, Alliance Leisure, with its longstanding partnership with Document Retailer Day, makes use of its distribution providers and gross sales community to advertise and distribute Document Retailer Day titles. in preparation for the large occasion, which occurred on Saturday April 23 this yr. Alliance Leisure works intently with Document Retailer Day and trade label and distribution companions, who assist curate the assortment of titles obtainable every year. Over 800,000 vinyl models have been created and shipped to collaborating unbiased report shops throughout the nation for this yr’s Document Retailer Day occasion. Retail gross sales are anticipated to exceed $32 million.
Document Retailer Day has been a longtime associate of Alliance Leisure, at all times working collectively for the advantage of the unbiased report retailer neighborhood,” mentioned Ken Glaser, Alliance Senior Vice President of Gross sales. “We’re delighted to see the continued progress of Document Retailer Day yr on yr, and the 2023 outcomes have exceeded our expectations.
Michael Kurtz, co-founder of Document Retailer Day added that Taylor Swift’s launch “folklore: the lengthy pond periods” Document Retailer Day may produce our first chart-topping album, and fairly probably a #1 chart album. Billboard, a feat by no means earlier than achieved by a Document Retailer Day launch. Thanks largely to Taylor, Pearl Jam, Jason Isbell and Amanda Shires, Seashore Home, Stevie Nicks and others, Document Retailer Day is on the right track to interrupt the report for many vinyl data bought in a single day. That is the largest gross sales day ever for many unbiased shops collaborating in Document Retailer Day.
AMPED Distribution, a division of Alliance Leisure, additionally performed an vital position on this yr’s Document Retailer Day, working with its label companions to launch 64 distinctive tracks, together with releases from Eric Carr, Mr. Large , and extra. AMPED continues to develop its label and roster, whose unbiased report shops assist gas the fireplace for its progress and spectacular repertoire.
About AMPED Solid
AMPED is without doubt one of the quickest rising main unbiased distributors, dedicated to the event and progress of unbiased artists and labels worldwide. As a part of Alliance Leisure, AMPED offers the unbiased neighborhood entry to a world distribution system with the most important gross sales pressure, seasoned and certified workers who present an unequalled suite of providers and knowledge. AMPED’s buyer base is the most important within the trade immediately serving brick and click on retailers massive and small, in addition to direct to client (DTC). AMPED’s rising listing of labels contains labels similar to Consider Digital, Higher Noise, Large Loud, Cleopatra Information, Compass Information, Earache, Empire, Epitaph Information, Exceleration Music (Alligator Information, Bloodshot Information, Candid, Aspect One Dummy, Tangerine) Fuga, GoodToGo, Herp Alpert Presents, Hopeless Information, Integral (PIAS, Harmonia Mundi), Kai Media, Kartel, Lex Information, Mascot, Merge Information, MNRK (eOne, Dualtone), Nettwerk Music Group, Nuclear Blast, Polyvinyl, Correct Music Group, Reservoir Media (Chrysalis, Tommy Boy), Ruf Information, Secretly Music Group, Shanachie, Smithsonian Folkways, Soul Meals, Sub Pop, Tuff Gong, Warner Classics and extra.
About Alliance Leisure
Alliance Leisure is a number one distributor of music, films and client electronics. We supply over 425,000 distinctive SKUs in inventory, together with over 57,300 unique compact discs, vinyl LPs, DVDs, Blu-rays and video video games. Complementing our in depth multimedia catalog, we additionally inventory a full vary of equipment, toys and associated collectibles. With over thirty-five years of distribution expertise, Alliance Leisure serves prospects of all sizes, providing a sturdy suite of providers to resellers and retailers worldwide. Our environment friendly processing and important promoting instruments considerably cut back the prices related to administering a number of provider relationships, whereas serving to omnichannel retailers increase their product choice and achievement targets. For extra info, go to www.aent.com.
Sure statements included on this press launch that aren’t historic info are forward-looking statements for functions of the protected harbor provisions below the USA Personal Securities Litigation Reform Act of 1995. Ahead-looking statements are typically accompanied by phrases similar to imagine, might, will, estimate, proceed, anticipate, intend, anticipate, ought to, plan, predict, potential, appear, search, future, prospects and comparable expressions which predict or point out future occasions or traits or which aren’t statements of historic issues. These forward-looking statements embrace, however usually are not restricted to, statements relating to estimates and forecasts of different monetary and efficiency measures and projections of market alternatives. These statements are based mostly on varied assumptions, as recognized on this press launch, and on the present expectations of Alliances administration and usually are not predictions of precise efficiency. These forward-looking statements are offered for informational functions solely and usually are not meant to serve and shouldn’t be relied upon by any investor as a assure, assurance, prediction or definitive assertion of reality or likelihood. Precise occasions and circumstances are troublesome or not possible to foretell and can differ from the assumptions. Many actual occasions and circumstances are past Alliance’s management. These forward-looking statements are topic to quite a lot of dangers and uncertainties, together with modifications in home and overseas enterprise, industrial, monetary, political and authorized circumstances; failure to understand the anticipated advantages of the lately accomplished enterprise mixture; dangers associated to the deployment of Alliance actions and the timing of anticipated industrial milestones; the results of competitors on the long run enterprise of Alliances; dangers and failure by Alliance to abide by the covenants of its revolving credit score facility, considered one of which, a set cost protection ratio, was lately breached with a discover of default letter from the lender dated February 8, 2023 , and is topic to actions by the lender, our capability to concern fairness or equity-related securities or acquire debt financing sooner or later, Alliances’ securities having been delisted from the US NYSE and never buying and selling not on a nationwide securities trade and the potential antagonistic impact on the value and liquidity of Alliances’ securities and elements mentioned in Alliances’ Annual Report on Kind 10-Okay filed with the SEC on March 30, 2023 below Threat Elements and Different Paperwork Filed with the SEC.
Further dangers regarding the enterprise of Alliances specifically embrace, however usually are not restricted to, competitors, Alliance’s capability to develop and handle progress profitably, Alliance’s capability to take care of relationships with prospects and suppliers and to retain key workers; modifications in relevant legal guidelines or laws; the likelihood that Alliance could also be adversely affected by different financial, enterprise, materials weak point in Alliance’s inside management over monetary reporting and/or aggressive elements; the affect of the worldwide COVID-19 pandemic. There could also be extra dangers and uncertainties not at present identified to Alliance or that Alliance at present believes to be immaterial that would trigger precise outcomes to vary from these contained within the forward-looking statements. These threat elements additionally embrace, amongst others, expectations of future progress and acquisitions; particular financial circumstances in the USA; modifications in legal guidelines and laws; potential legal responsibility for future litigation; the diversion of administration time on acquisitions and integration-related issues; modifications or changes to Alliances’ monetary statements as a result of relevant securities legal guidelines; and normal financial circumstances. Most of those elements are past the management of alliances and are troublesome to foretell.
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CONTACT: MZ Group
Chris Tyson/Larry Holub
KEYWORD: FLORIDA UNITED STATES NORTH AMERICA
INDUSTRY KEYWORD: ENTERTAINMENT RETAIL GENERAL ENTERTAINMENT FILM & MOTION PICTURES MUSIC SPECIALTY
SOURCE: Alliance Leisure Holding Company
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PUBLISHED: 04/26/2023 08:31 / DISK: 04/26/2023 08:31