Hollywood Pictures

Alliance Entertainment Reports First Quarter Fiscal Year 2024 Financial Results

Retrieved on: 
Friday, November 10, 2023
Television, EBITDA, K-pop, Investment, The Walt Disney Company, Ingram Entertainment, Electronics, International Bluegrass Music Awards, 2005 in television, DVD, Alliance Films, Depreciation, ABC Signature, Blu-ray, Touchstone Pictures, Video, Music, Compact disc, Advertising, Hollywood Pictures, GAAP, Adjustment, Final good, Ultra-high-definition television, Conference, Growth, Toy, Loss, Transport, Believe, Video game, Commercial property, Film industry, Bookkeeping, Arcade1Up, Gaming

PLANTATION, Fla., Nov. 10, 2023 (GLOBE NEWSWIRE) -- Alliance Entertainment Holding Corporation (Nasdaq: AENT) (“Alliance Entertainment”, “Company”), a distributor and wholesaler of the world’s largest in stock selection of music, movies, video games, electronics, arcades, toys and collectibles, has reported its financial and operational results for the fiscal first quarter ended September 30, 2023.

Key Points: 
  • PLANTATION, Fla., Nov. 10, 2023 (GLOBE NEWSWIRE) -- Alliance Entertainment Holding Corporation (Nasdaq: AENT) (“Alliance Entertainment”, “Company”), a distributor and wholesaler of the world’s largest in stock selection of music, movies, video games, electronics, arcades, toys and collectibles, has reported its financial and operational results for the fiscal first quarter ended September 30, 2023.
  • Bruce Ogilvie, Chairman of Alliance Entertainment, commented, “The first quarter of fiscal 2024 was marked by continued progress securing new partnerships, diversifying our products offerings, and investing in our operations and proprietary technology with a shift toward larger scale automation.
  • Jeff Walker, Chief Executive Officer of Alliance Entertainment, added, “The first quarter saw improving stabilization in our business segments during the quarter, with support tracking from higher average selling prices and decreased operating expenses.
  • Gross profit margin for the fiscal first quarter ended September 30, 2023 was 12%, up from 11% in the same period of 2022.

Shelby’s Legal Battle Over the “Eleanor” Car Is Over and Shelby Won!

Retrieved on: 
Thursday, November 9, 2023
Film & Motion Pictures, Automotive, Other Automotive, Automotive Manufacturing, General Automotive, Performance & Special Interest, Manufacturing, Entertainment, Mustang, Form 10-K, NOT, The Junkman, Commerce, Multimedia, Video, Marketing, Annual report, Hollywood Pictures, District court, Theft, GT500, Court, Film industry, Real estate, Security (finance)

In what has been a decade long battle between the Shelby Trust, owner of “Shelby” trademarks and trade dress relating to internationally known and respected Shelby vehicles, and Denice Halicki, surviving spouse of H.B.

Key Points: 
  • In what has been a decade long battle between the Shelby Trust, owner of “Shelby” trademarks and trade dress relating to internationally known and respected Shelby vehicles, and Denice Halicki, surviving spouse of H.B.
  • View the full release here: https://www.businesswire.com/news/home/20231109258022/en/
    "Shelby was compelled to take this action to protect our valued licensees and Shelby GT500 owners."
  • “Shelby was compelled to take this action to protect our valued licensees and Shelby GT500 owners,” said Mr. Cummings.
  • Carroll Shelby International, Inc. has two wholly owned subsidiaries: Shelby American, Inc. and Carroll Shelby Licensing, Inc., called the Shelby Companies.

Alliance Entertainment Reports Third Quarter and Nine Month Fiscal 2023 Financial Results

Retrieved on: 
Monday, May 22, 2023
Entertainment, Specialty, Other Entertainment, General Entertainment, Celebrity, Film & Motion Pictures, Music, Retail, Online Retail, 20th Century Studios Home Entertainment, DTC, The Criterion Collection, Partnership, Loss, Electronics, DVD, ABC Signature, Hollywood Pictures, ASRS, Touchstone Pictures, GAAP, Alliance Films, Video, Criterion, Blu-ray, EBITDA, The Walt Disney Company, Investment, ABC, OTC, Walt Disney, Depreciation, Growth, Adjustment, Television, Automation, Video game, Film industry, Warehouse, Cryptocurrency, Bookkeeping

Alliance Entertainment Holding Corporation (OTC: AENT) (“Alliance Entertainment”, “Company”), a distributor and wholesaler of the world’s largest in stock selection of music, movies, video games, electronics, arcades, and collectibles, has reported its financial and operational results for the fiscal third quarter and nine-month period ended March 31, 2023.

Key Points: 
  • Alliance Entertainment Holding Corporation (OTC: AENT) (“Alliance Entertainment”, “Company”), a distributor and wholesaler of the world’s largest in stock selection of music, movies, video games, electronics, arcades, and collectibles, has reported its financial and operational results for the fiscal third quarter and nine-month period ended March 31, 2023.
  • “While the fiscal third quarter was highly focused on our business combination, we signed several agreements of note.
  • Gross profit margin for the fiscal third quarter ended March 31, 2023 was 12.0%, down from 12.5% in the same period of 2022.
  • Net loss for the fiscal third quarter ended March 31, 2023 was $7.8 million, compared to net income of $3.7 million for the same period of 2022.

Alliance Entertainment’s Mill Creek Entertainment Announces New Home Entertainment Licensing Agreement with The Walt Disney Company

Retrieved on: 
Monday, January 30, 2023
Other Retail, Film & Motion Pictures, TV and Radio, Specialty, Licensing (Entertainment), Online Retail, Retail, Entertainment, ABC Signature, Hollywood Pictures, 20th Century Studios Home Entertainment, The Walt Disney Company, Music, Blu-ray, Alliance Films, Touchstone Pictures, Electronics, Senior, DVD, Partnership, Video, Television, ABC, Film industry

Mill Creek Entertainment, a division of Alliance Entertainment Holding Corporation (“Alliance Entertainment”), a distributor and wholesaler of the world’s largest in stock selection of music, movies, video games, electronics, arcades, and collectibles, today announced it has signed a home entertainment licensing agreement with The Walt Disney Company.

Key Points: 
  • Mill Creek Entertainment, a division of Alliance Entertainment Holding Corporation (“Alliance Entertainment”), a distributor and wholesaler of the world’s largest in stock selection of music, movies, video games, electronics, arcades, and collectibles, today announced it has signed a home entertainment licensing agreement with The Walt Disney Company.
  • “This significant partnership further builds on our studio’s substantial offering of home entertainment products that appeal to collectors and fans alike,” said Jeff Hayne, Senior VP of Acquisitions and Production of Mill Creek Entertainment.
  • “Mill Creek will assume the role of vendor of record on certain existing titles.”
    “We are excited to have signed a licensing agreement with The Walt Disney Company.
  • This incredible partnership is a testament to Mill Creek’s solid reputation as a premier resource for major studio content providers,” said Ben Means, President of Mill Creek Entertainment.

Shelby’s Legal Battle Over the “Eleanor” Car Is Over. Shelby Won!

Retrieved on: 
Friday, December 9, 2022
Performance & Special Interest, Entertainment, Film & Motion Pictures, Professional Services, General Automotive, Aftermarket, Automotive, Legal, Automotive Manufacturing, Licensing (Entertainment), Other Automotive, Manufacturing, District court, Shelby, Video, Theft, The Junkman, Court, Mustang, Douglas v. U.S. District Court ex rel Talk America, Eleanor, Central District, Hollywood Pictures, United States Court of Appeals for the Ninth Circuit, Multimedia, Marketing, NOT, Film

In what has been a decade-long battle between the Shelby Trust, owner of Shelby trademarks and trade dress relating to internationally known and respected Shelby vehicles, and Denise Halicki, surviving spouse of H.B.

Key Points: 
  • In what has been a decade-long battle between the Shelby Trust, owner of Shelby trademarks and trade dress relating to internationally known and respected Shelby vehicles, and Denise Halicki, surviving spouse of H.B.
  • The Shelby Trust was thus forced to sue to protect its licensees and loyal Shelby GT 500 owners.
  • Neil Cummings, Co-Trustee of the Shelby Trust who has overseen the entire process, stated that he is very pleased with the Courts decision and happy for all Shelby customers and the Shelby legacy.
  • Carroll Shelby International, Inc. has two wholly owned subsidiaries: Shelby American, Inc. and Carroll Shelby Licensing, Inc., called the Shelby Companies.