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.
The exclusive event, hosted by RedChip Companies, will feature
Alliance Entertainment’s Chairman, Bruce Ogilvie, and Chief
Executive Officer, Jeff Walker, who will share insight into
Alliance’s position as the undisputed leader in the physical media
distribution market, with unmatched scale and deeply entrenched
relationships with nearly every major content producer and
retailer.
As the largest player in its field, Alliance’s extensive reach
and scale create an impenetrable moat, solidifying its dominance in
the distribution of music, movies, video games, and collectibles.
The company serves as the critical gateway between content
producers and major retailers like Walmart, Amazon, and Best Buy,
as well as thousands of independent stores globally. Looking ahead,
Alliance is well-positioned for continued success, leveraging its
strengths as a capital-light, low-cost provider with unmatched
reach across the industry.
A live question and answer session will follow the presentation
by Ogilvie and Walker.
To register for the free webinar, please
visit:
https://redchip.zoom.us/webinar/register/WN_vK_56y2wT-6jrDxfyaFUlQ#/registration
Questions can be pre-submitted to AENT@redchip.com or online
during the live event.
Link to 30-second infomercial: https://youtu.be/qnlCFcfdjHU.
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:
Dave GentryRedChip Companies,
Inc.1-407-644-4256AENT@redchip.com
Alliance Entertainment (NASDAQ:AENT)
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