Alliance Entertainment Holding Corporation Q2 2026 Earnings Call Summary

Management attributes the 210 basis point gross margin expansion to a structural shift toward higher-value product mix, specifically premium physical media and collectibles. The company is repositioning physical media as a 'collectible category' for enthusiasts rather than a legacy format, focusing on 4K Ultra HD and limited steelbook editions. Exclusive licensing agreements with Paramount and Amazon MGM Studios are central to the strategy, providing higher average selling prices and improved retail v ...