Alliance Entertainment Holding Corporation (Nasdaq: AENT)
(“Alliance Entertainment”, “Company”), a global distributor and
wholesaler specializing in music, movies, video games, electronics,
arcades, toys, and collectibles, announced today a partnership with
Tsuburaya Productions for the upcoming San Diego Comic-Con, July
25-28, 2024. Alliance Retail’s popmarket e-commerce site will run
the on-site retail operations at the ULTRAMAN booth on the main
convention floor, offering collectibles, posters, and Blu-ray™ and
SteelBook® products for sale to attendees.
Online retailer
popmarket is a core property in the family of Alliance Retail
e-commerce sites, focused on serving collectors and collectibles
across multiple product categories. The ULTRAMAN booth will feature
products from Bandai, Nakatomi, and AEC’s Mill Creek Entertainment
division.
“We couldn’t be more
excited to partner with this iconic property. Getting to interact
with fans and collectors reminds us of why we are in this
business,” said Tim Hinsley, Senior Vice President, Retail Sales,
Alliance Entertainment. “We’re looking forward to bringing
exclusive ULTRAMAN products to Comic-Con that will connect with new
and existing fans.”
ULTRAMAN has over 50
product licenses in the US, including feature films such as Shin
Ultraman (2022)—worldwide box office of $32M—and Ultraman Rising,
released on Netflix June 14, 2024. The San Diego Comic-Con
partnership is part of an ongoing strategy at Alliance
Entertainment to maximize the brand’s expanded awareness across its
multiple divisions, and super-serve new and existing fans with high
quality, collectable ULTRAMAN products.
"What a pleasure it’s
been to work with Alliance Entertainment on ULTRAMAN!” said Danny
Simon, President of Tsuburaya Fields Media & Pictures
Entertainment. “The popmarket promotion we have planned with
Alliance at San Diego Comic Con is designed especially for loyal
ULTRAMAN fans and we can’t wait until they see what we have in
store.”
The ULTRAMAN popmarket
booth will include a Blu-ray™ special package exclusive to San
Diego Comic-Con, a limited-edition poster, apparel and more to be
announced via popmarket social media and the Ultraman Connection
official website at www.ultramanconnection.com.
About
Tsuburaya Fields Media & Pictures Entertainment
Inc.
Tsuburaya Fields Media
& Pictures Entertainment Inc., located in Los Angeles, is
active in the production and distribution of Ultraman entertainment
content for North America and other markets. Headed by Danny Simon,
the new subsidiary established in 2023 will expand the Ultraman
North America licensing program into the UK, EU, South America,
India and MENA markets thereby solidifying the franchise’s place on
the global stage. For more information, visit
https://tf-mpe.com/.
About
Tsuburaya Productions
Tsuburaya Productions Co., Ltd. has created
dozens of heroes and other characters, including Ultraman, who have
been loved from generation to generation. The base for the company
was Tsuburaya Visual Effects Research, which was launched by the
Japanese “Father of Tokusatsu” Eiji Tsuburaya. After showing his
skill and making a name for himself working on many monster movies
and special effects laden fantasy science films, in 1963 Tsuburaya
incorporated Tsuburaya Visual Effects Research and established
Tsuburaya Productions Co., Ltd. in order to advance further
research and development of special effects technologies and
release visual works that could be enjoyed by a wider audience. The
company has continued to maintain Eiji Tsuburaya’s policies even
after his death. 2023 marked the 60th anniversary of the company’s
founding, and it continues its work to this day. Currently, the
company carries out activities including production of works for
television, original video works, and films for theatrical release;
licensing of owned characters’ content; development of various
products; event planning and live staged events that bring out the
maximum appeal of its owned characters, and development of
facilities that handle related items.
For more information, please visit
https://tsuburaya-prod.com/.
About Alliance
Retail (DirectToU LLC)
Alliance Retail, a/k/a
DirectToU LLC, a division of Alliance Entertainment, is the retail
brand-centric home for all things entertainment. Led by in-house
brands Critics’ Choice, DeepDiscount, Movies Unlimited, Collectors’
Choice, popmarket and WowHD, Alliance Retail markets and sells
Alliance’s vast variety of products across in-house websites,
mail-order catalogs, third party marketplaces (including Amazon,
Walmart and eBay), social media (including Facebook and TikTok) and
specialty retailers (including Urban Outfitters and Discogs). With
a successful retail history dating to 1978, Alliance Retail boasts
a dedicated and well-renowned team of experts in the Film, TV,
Music, Gaming and Collectibles industries, acting as a vital bridge
between the creative community and their legion of fans.
About Alliance Entertainment
Alliance Entertainment (NASDAQ: AENT) is a premier distributor
of music, movies, toys, collectibles, and consumer electronics. We
offer over 325,000 unique in stock SKU’s, including over 57,300
exclusive compact discs, vinyl LP records, DVDs, Blu-rays, and
video games. Complementing our vast media catalog, we also stock a
full array of related accessories, toys, and collectibles. With
more than thirty-five years of distribution
experience, Alliance Entertainment serves customers of
every size, providing a robust suite of services to resellers and
retailers worldwide. Our efficient processing and essential seller
tools noticeably reduce the costs associated with administrating
multiple vendor relationships, while helping omni-channel retailers
expand their product selection and fulfillment goals. For more
information, visit www.aent.com.
Forward Looking Statements
Certain statements
included in this Press Release that are not historical facts are
forward-looking statements for purposes of the safe harbor
provisions under the United States Private Securities Litigation
Reform Act of 1995. Forward-looking statements generally are
accompanied by words such as “believe,” “may,” “will,” “estimate,”
“continue,” “anticipate,” “intend,” “expect,” “should,” “would,”
“plan,” “predict,” “potential,” “seem,” “seek,” “future,”
“outlook,” and similar expressions that predict or indicate future
events or trends or that are not statements of historical matters.
These forward-looking statements include, but are not limited to,
statements regarding estimates and forecasts of other financial and
performance metrics and projections of market opportunity. These
statements are based on various assumptions, whether identified in
this Press Release, and on the current expectations of Alliance’s
management and are not predictions of actual performance. These
forward-looking statements are provided for illustrative purposes
only and are not intended to serve as and must not be relied on by
an investor as, a guarantee, an assurance, a prediction, or a
definitive statement of fact or probability. Actual events and
circumstances are difficult or impossible to predict and will
differ from assumptions. Many actual events and circumstances are
beyond the control of Alliance. These forward-looking statements
are subject to a number of risks and uncertainties, including risks
relating to the anticipated growth rates and market opportunities;
changes in applicable laws or regulations; the ability of Alliance
to execute its business model, including market acceptance of its
systems and related services; Alliance’s reliance on a
concentration of suppliers for its products and services; increases
in Alliance’s costs, disruption of supply, or shortage of products
and materials; Alliance’s dependence on a concentration of
customers, and failure to add new customers or expand sales to
Alliance’s existing customers; increased Alliance inventory and
risk of obsolescence; Alliance’s significant amount of
indebtedness; our ability to refinance our existing indebtedness;
our ability to continue as a going concern absent access to sources
of liquidity; risks and failure by Alliance to meet the covenant
requirements of its revolving credit facility, including a fixed
charge coverage ratio; risks that a breach of the revolving credit
facility, including Alliance’s recent breach of the covenant
requirements, could result in the lender declaring a default and
that the full outstanding amount under the revolving credit
facility could be immediately due in full, which would have severe
adverse consequences for the Company; known or future litigation
and regulatory enforcement risks, including the diversion of time
and attention and the additional costs and demands on Alliance’s
resources; Alliance’s business being adversely affected by
increased inflation, higher interest rates and other adverse
economic, business, and/or competitive factors; geopolitical risk
and changes in applicable laws or regulations; risk that the
COVID-19 pandemic, and local, state, and federal responses to
addressing the pandemic may have an adverse effect on our business
operations, as well as our financial condition and results of
operations; substantial regulations, which are evolving, and
unfavorable changes or failure by Alliance to comply with these
regulations; product liability claims, which could harm Alliance’s
financial condition and liquidity if Alliance is not able to
successfully defend or insure against such claims; availability of
additional capital to support business growth; and the inability of
Alliance to develop and maintain effective internal controls.
For investor
inquiries, please
contact:MZ GroupChris Tyson/Larry
Holub(949) 491-8235AENT@mzgroup.us
Alliance Entertainment (NASDAQ:AENT)
Gráfico Histórico do Ativo
De Nov 2024 até Dez 2024
Alliance Entertainment (NASDAQ:AENT)
Gráfico Histórico do Ativo
De Dez 2023 até Dez 2024