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Alliance Entertainment Announces New 5-Year $120 Million Credit Facility with Bank of America
Globenewswire· 2025-10-02 12:30
New agreement replaces prior ABL facility, cutting borrowing costs by up to 250 basis pointsPLANTATION, Fla., Oct. 02, 2025 (GLOBE NEWSWIRE) -- Alliance Entertainment Holding Corporation (Nasdaq: AENT), a premier distributor and omnichannel fulfillment partner to the entertainment and pop culture collectibles industry, supplying more than 340,000 unique SKUs across music, video, video games, licensed merchandise, and exclusive collectibles to over 35,000 retail and e-commerce storefronts, today announced th ...
Alliance Entertainment Promotes Seven Executives to Senior Vice President Roles
Globenewswire· 2025-08-01 12:30
Core Insights - Alliance Entertainment has promoted seven executives to Senior Vice President roles, emphasizing its commitment to sales growth, operational efficiency, and strategic expansion in the collectibles ecosystem [1][2][3] Group 1: Promotions and Leadership - The promotions reflect the company's strategic focus on innovation, global expansion, and technological advancement, with each new Senior Vice President having played a pivotal role in the company's success [2] - The newly appointed executives are expected to lead the next phase of growth, leveraging their collective experience and institutional knowledge [2][3] Group 2: Individual Contributions - Dean Tabaac, with decades of experience, has transformed AMPED Distribution into a leading music distribution company, driving revenue and profitability growth [4] - Gustavo Bello has expanded the company's reach into over 70 international markets, demonstrating exceptional leadership in global entertainment distribution [5] - Alex Jimenez has established direct relationships with partners in 28 countries, managing tens of thousands of SKUs across global audio and video formats [6] - Ian Ching has led transformative IT initiatives, helping scale the company's infrastructure and capabilities since joining in 2013 [7] - Sandy Marsans has enhanced IT operations and overseen cybersecurity initiatives, modernizing systems and improving operational efficiency [8] - Alia Hussain Baksh has driven financial discipline and supported growth initiatives through her extensive experience in financial operations [9][10] - Tony Timpano provides strategic legal guidance, supporting innovation and compliance within the company [11] Group 3: Strategic Focus and Future Outlook - The company aims to drive margin-accretive growth, scale direct-to-consumer operations, and deliver durable value to shareholders, with a strengthened leadership team in place [12] - Alliance Entertainment is positioned at the center of the collectibles and home entertainment ecosystem, focusing on capital-light growth and expanding exclusive IP access [12][13]
Alliance Entertainment Appoints Amanda Gnecco as Chief Financial Officer
Globenewswire· 2025-07-23 12:30
Core Viewpoint - Alliance Entertainment has promoted Amanda Gnecco to Chief Financial Officer (CFO), effective immediately, reflecting her exceptional leadership and financial expertise [1][3][6] Company Overview - Alliance Entertainment is a premier distributor and fulfillment partner in the entertainment and pop culture collectibles industry, offering over 325,000 unique in-stock SKUs, including more than 57,300 exclusive titles across various media formats [7] - The company serves over 35,000 retail locations and powers e-commerce fulfillment for leading retailers, leveraging decades of operational expertise and exclusive licensing partnerships [7] Leadership Transition - Amanda Gnecco, previously the Chief Accounting Officer, has been instrumental in driving financial strategy and optimizing reporting processes since joining the company in 2018 [2][3] - Gnecco's promotion is seen as a strategic move to strengthen the executive team as the company continues to scale and innovate [6] Responsibilities of the New CFO - As CFO, Gnecco will oversee all financial operations, including strategic planning, investor relations, audit and SEC reporting, debt management, budgeting, and regulatory compliance [4][5] - She aims to enhance transparency with shareholders and support the company's long-term growth initiatives [5]
Alliance Entertainment to Host Third Quarter Fiscal Year 2025 Results Conference Call on May 15 at 4:30 p.m. Eastern Time
GlobeNewswire News Room· 2025-05-08 20:51
Company Overview - Alliance Entertainment Holding Corporation (NASDAQ: AENT) is a leading distributor and fulfillment partner in the entertainment and pop culture collectibles industry, offering over 325,000 unique in-stock SKUs, including more than 57,300 exclusive titles across various formats [4] Upcoming Conference Call - The company will hold a conference call on May 15, 2025, at 4:30 p.m. Eastern Time to discuss its third-quarter results for the period ended March 31, 2025 [1][2] - The call will be hosted by CEO Jeff Walker and CFO Amanda Gnecco, followed by a question-and-answer session [2] - A presentation will accompany the call, available during the webcast or via the investor relations section of the company's website [2] Access Information - To access the conference call, participants can use the toll-free dial-in number 1-877-407-0784 or the international dial-in number 1-201-689-8560, with a conference ID of 13753860 [2] - A live broadcast of the call will be available, along with a replay accessible for three hours after the call concludes, lasting until July 15, 2025 [3] Industry Position - Alliance Entertainment serves over 35,000 retail locations and provides e-commerce fulfillment for leading retailers, leveraging its extensive catalog and operational expertise [4] - The company connects collectors and fans to a wide range of products, franchises, and experiences across different formats and generations [4]