Home Entertainment Alliance Entertainment’s Distribution Solutions Announces Partnership Extension with the Criterion Collection

Alliance Entertainment’s Distribution Solutions Announces Partnership Extension with the Criterion Collection

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Alliance Entertainment’s Distribution Solutions Announces Partnership Extension with the Criterion Collection

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MINNEAPOLIS–()–Distribution Solutions, a division of Alliance Entertainment Holding Corporation (“Alliance Entertainment”), a distributor and wholesaler of the world’s largest in inventory collection of music, films, video video games, electronics, arcades, and collectibles, right this moment introduced it has prolonged its partnership with the Criterion Collection, a seamless sequence of essential basic and up to date movies on house video.

With this extension, Distribution Solutions continues their distribution of the Criterion Collection’s titles within the bodily media area throughout the United States, together with all backroom companies together with stock, order administration and monetary companies.

“We look forward to continuing our partnership with Criterion,” stated Ben Means, President of Distribution Solutions. “We take pride in supporting their dedication to distribute their top-shelf catalog to appreciative fans of classic and contemporary films of arthouse cinema and independent filmmaking.”

“We are thrilled to continue our partnership with Distribution Solutions and will continue working together to bring our collection of 4K, Blu-ray™, and DVD editions to market,” stated Jonathan Turell, CEO of Criterion.

In addition to latest releases of Wall-E, The Power of the Dog, Malcolm X, and The Infernal Affairs Trilogy, Criterion has introduced upcoming releases of Hollywood Shuffle, Last Hurrah for Chivalry, Inland Empire, and Triangle of Sadness.

To date, Distribution Solutions has distributed over 650 titles for Criterion.

About The Criterion Collection

Since 1984, the Criterion Collection has been devoted to publishing essential basic and up to date movies from world wide in editions that supply the very best technical high quality and award-winning, unique dietary supplements. No matter the medium—from laserdisc to DVD, Blu-ray, 4K Ultra HD to streaming—Criterion has maintained its pioneering dedication to presenting every movie as its maker would need it seen, in state-of-the-art restorations with particular options designed to encourage repeated watching and deepen the viewer’s appreciation of the artwork of movie. For extra info, go to www.criterion.com.

About Alliance Entertainment

Alliance Entertainment is a premier distributor of music, films, and shopper electronics. We provide 485,000 distinctive in inventory SKU’s, together with over 57,300 unique compact discs, vinyl LP data, DVDs, Blu-rays, and video video games. Complementing our huge media catalog, we additionally inventory a full array of associated equipment, toys and collectibles. With greater than thirty-five years of distribution expertise, Alliance Entertainment serves prospects of each measurement, offering a sturdy suite of companies to resellers and retailers worldwide. Our environment friendly processing and important vendor instruments noticeably cut back the prices related to administrating a number of vendor relationships, whereas serving to omni-channel retailers broaden their product choice and success objectives. For extra info, go to www.aent.com.

On June 23, 2022, Alliance Entertainment introduced that it’ll grow to be publicly listed by a merger transaction with Adara Acquisition Corp. (NYSE: ADRA, ADRA.U, ADRA.WS) (“Adara”), a publicly traded particular goal acquisition firm.

About Adara Acquisition Corp.

Adara raised $115 million in February 2021 and its securities are listed on the NYSE American beneath the ticker symbols “NYSE: ADRA, ADRA.U, ADRA.WS”. Adara is a clean test firm organized for the aim of effecting a merger, share trade, asset acquisition, inventory buy, recapitalization, reorganization, or different comparable enterprise mixture with a number of companies or entities. Adara is led by its CEO, Thomas Finke (former Chairman and CEO of Barings LLC) and its director, W. Tom Donaldson (founding father of Blystone & Donaldson). In addition to Messrs. Finke and Donaldson, Adara’s Board of Directors additionally embody Frank Quintero, Dylan Glenn and Beatriz Acevedo-Greiff.

To be taught extra, please go to: https://www.adaraspac.com

Forward Looking Statements

Certain statements included on this press launch that aren’t historic details are forward-looking statements for functions of the secure harbor provisions beneath the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements usually are accompanied by phrases similar to “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “plan,” “predict,” “potential,” “seem,” “seek,” “future,” “outlook,” and comparable expressions that predict or point out future occasions or developments or that aren’t statements of historic issues. These forward-looking statements embody, however should not restricted to, statements relating to estimates and forecasts of monetary and efficiency metrics, projections of market alternative, expectations and timing associated to Alliance Entertainment’s enterprise, buyer progress and different enterprise milestones, potential advantages of the proposed enterprise mixture (the “Proposed Transactions”), and expectations associated to the timing of the Proposed Transactions.

These statements are primarily based on varied assumptions, whether or not or not recognized on this press launch, and on the present expectations of Adara’s and Alliance Entertainment’s administration and should not predictions of precise efficiency. These forward-looking statements are supplied for illustrative functions solely and should not meant to function, and should not be relied on by an investor as, a assure, an assurance, a prediction, or a definitive assertion of reality or chance. Actual occasions and circumstances are tough or not possible to foretell and can differ from assumptions. Many precise occasions and circumstances are past the management of Alliance Entertainment and Adara.

These forward-looking statements are topic to quite a lot of dangers and uncertainties, together with modifications in home and overseas enterprise, market, monetary, political, and authorized circumstances; the lack of the events to efficiently or well timed consummate the Proposed Transactions, together with the danger that any regulatory approvals should not obtained, are delayed or are topic to unanticipated circumstances that would adversely have an effect on the mixed firm or the anticipated advantages of the Proposed Transactions or that the approval of the stockholders of Adara or Alliance Entertainment is just not obtained; failure to understand the anticipated advantages of the Proposed Transactions; dangers regarding the uncertainty of the projected monetary info with respect to Alliance Entertainment; dangers associated to the music, video, gaming, and leisure business, together with modifications in leisure supply codecs; international financial circumstances; the consequences of competitors on Alliance Entertainment’s future enterprise; dangers associated to fulfilment community; dangers associated to enlargement and the pressure on Alliance Entertainment’s administration, operational, monetary, and different sources; dangers associated to working outcomes and progress charge; the enterprise could possibly be harmed the quantity of redemption requests made by Adara’s public stockholders; and people components mentioned in Adara’s Annual Report on Form 10-Okay for the fiscal 12 months ended December 31, 2021 beneath the heading “Risk Factors,” and the Current Report on Form 8-Okay filed on June 23, 2022 and different paperwork of Adara filed, or to be filed, with the SEC.

No Offer or Solicitation

This communication doesn’t represent a suggestion to promote or the solicitation of a suggestion to purchase any securities or a solicitation of any vote or approval, nor shall there be any sale of any securities in any state or jurisdiction by which such provide, solicitation, or sale can be illegal previous to registration or qualification beneath the securities legal guidelines of such different jurisdiction.

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