Report Retailer Day 2023 is on observe to interrupt the file for many vinyl information bought in a single day, led by Taylor Swift’s “folklore: the lengthy pond periods” launch
PLANTATION, Florida, April 26, 2023–(BUSINESS WIRE)–Alliance Leisure Holding Company (OTC: AENT) (“Alliance Leisure”, “Firm”), a distributor and wholesaler of the most important number of music, motion pictures, video video games, electronics and of arcades on the planet, and collectibles, at the moment confirmed unbiased retailers’ feedback relating to final Saturday’s Report Retailer Day occasions as the largest ever. Report Retailer Day (www.recordstoreday.com) is an annual occasion launched in 2007 and held on a Saturday in April to “have a good time the tradition of the unbiased file retailer”. The day brings collectively followers, artists and hundreds of unbiased file shops from world wide. Annually a variety of information are pressed particularly for Report Retailer Day and are solely distributed to file shops collaborating within the occasion. Now in its sixteenth yr, Report Retailer Day has performed a serious position within the continued growth and success of vinyl information within the music trade, with bodily vinyl album gross sales in 2022 surpassing 43 million. models.
As a serious supporter of unbiased file shops throughout the USA, Alliance Leisure, with its longstanding partnership with Report Retailer Day, makes use of its distribution companies and gross sales community to advertise and distribute Report Retailer Day titles. in preparation for the massive occasion, which occurred on Saturday April 23 this yr. Alliance Leisure works carefully with Report Retailer Day and trade label and distribution companions, who assist curate the assortment of titles out there every year. Over 800,000 vinyl models have been created and shipped to collaborating unbiased file shops throughout the nation for this yr’s Report Retailer Day occasion. Retail gross sales are anticipated to exceed $32 million.
“Report Retailer Day has been a longtime accomplice of Alliance Leisure, at all times working collectively to profit the unbiased file retailer neighborhood,” stated Ken Glaser, Senior Vice President of Gross sales for Alliance. “We’re delighted to see the continued progress of Report Retailer Day yr over yr, and the 2023 outcomes have exceeded our expectations.”
Michael Kurtz, co-founder of Report Retailer Day, added: “The discharge of Taylor Swift’s ‘folklore: the lengthy pond periods’ Report Retailer Day may produce our first chart-topping album, and fairly presumably a #1 album within the Billboard charts, a feat by no means earlier than achieved by a Report Retailer Day launch.Thanks largely to Taylor, Pearl Jam, Jason Isbell and Amanda Shires, Seashore Home, Stevie Nicks and others, Report Retailer Day is poised to beat the gross sales file for essentially the most vinyl information bought in That is the largest gross sales day ever for many unbiased shops collaborating in Report Retailer Day.
AMPED Distribution, a division of Alliance Leisure, additionally performed an necessary position on this yr’s Report Retailer Day, working with its label companions to launch 64 distinctive tracks, together with releases from Eric Carr, Mr. Huge , and extra. AMPED continues to develop its label and roster, whose unbiased file shops assist gas the hearth 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 provides the unbiased neighborhood entry to a world distribution system with the most important gross sales pressure, seasoned and certified employees who present an unmatched suite of companies and information. AMPED’s buyer base is the most important within the trade straight serving brick and click on retailers massive and small, in addition to direct to client (DTC). AMPED’s rising checklist of labels contains labels corresponding to Consider Digital, Higher Noise, Huge Loud, Cleopatra Information, Compass Information, Earache, Empire, Epitaph Information, Exceleration Music (Alligator Information, Bloodshot Information, Candid, Facet 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, motion pictures 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 intensive 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 clients of all sizes, providing a strong suite of companies to resellers and retailers worldwide. Our environment friendly processing and important promoting instruments considerably scale back the prices related to administering a number of provider relationships, whereas serving to omnichannel retailers develop their product choice and success targets. For extra info, go to www.aent.com.
Ahead-looking statements
Sure statements included on this press launch that aren’t historic info are forward-looking statements for functions of the secure harbor provisions beneath the USA Personal Securities Litigation Reform Act of 1995. Ahead-looking statements are typically accompanied by phrases corresponding to “imagine,” “can”, “will”, “estimate”, “proceed”, “anticipate”, “intend”, “count on”, “ought to”, “ought to”, “plan” , “predicted”, “potential”. appear’, ‘search’, ‘future’, ‘prospects’ and comparable expressions which predict or point out future occasions or developments or which aren’t statements of historic issues. These forward-looking statements embrace, however are usually 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 numerous assumptions, as recognized on this press launch, and on the present expectations of Alliances administration and are usually not predictions of precise efficiency. These forward-looking statements are offered for informational functions solely and are usually not supposed to serve and shouldn’t be relied upon by any investor as a assure, assurance, prediction or definitive assertion of truth or likelihood. Precise occasions and circumstances are tough or inconceivable 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 a variety of dangers and uncertainties, together with adjustments in home and overseas enterprise, business, monetary, political and authorized situations; failure to comprehend the anticipated advantages of the not too long ago accomplished enterprise mixture; dangers associated to the deployment of Alliance actions and the timing of anticipated business 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, one in all which, a set cost protection ratio, was not too long ago breached with a letter of default discover from the lender dated February 8, 2023 , and is topic to actions by the lender, our skill to concern fairness or equity-related securities or get hold of debt financing sooner or later, Alliances’ securities having been delisted from the US NYSE and never buying and selling not on a nationwide securities change and the potential adversarial impact on the worth and liquidity of Alliances’ securities and components mentioned in Alliances’ Annual Report on Type 10-Okay filed with the SEC on March 30, 2023 beneath “Threat Elements” and different paperwork filed with the SEC.
Further dangers regarding the enterprise of Alliances specifically embrace, however are usually not restricted to, competitors, Alliance’s skill to develop and handle progress profitably, Alliance’s skill to keep up relationships with clients and suppliers and to retain key workers; adjustments in relevant legal guidelines or rules; the chance 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 components; the impression of the worldwide COVID-19 pandemic. There could also be extra dangers and uncertainties not at the moment recognized to Alliance or that Alliance at the moment believes to be immaterial that might trigger precise outcomes to vary from these contained within the forward-looking statements. These danger components additionally embrace, amongst others, expectations of future progress and acquisitions; particular financial situations in the USA; adjustments in legal guidelines and rules; potential legal responsibility for future litigation; diversion of administration time on acquisitions and integration-related issues; adjustments or changes to Alliances’ monetary statements attributable to relevant securities legal guidelines; and normal financial situations. Most of those components are past the management of alliances and are tough to foretell.
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contacts
MZ Group
Chris Tyson/Larry Holub
(949) 491-8235
AENT@mzgroup.us
