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Alliance Entertainment Corp

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BUSINESS
October 19, 1999 | Jennifer Oldham
Entertainment content distributor Alliance Entertainment Corp. said it agreed to acquire Carlsbad, Calif.-based Digital On-Demand. Terms were not disclosed. Digital On-Demand operates a proprietary broadband network, RedDotNet, that is set to be installed in Wherehouse Music, Virgin Entertainment and Kmart and Target stores, among others, this fall. Machines hooked into this network will allow consumers to copy music, movies and games onto CD-ROMs in the stores.
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BUSINESS
October 19, 1999 | Jennifer Oldham
Entertainment content distributor Alliance Entertainment Corp. said it agreed to acquire Carlsbad, Calif.-based Digital On-Demand. Terms were not disclosed. Digital On-Demand operates a proprietary broadband network, RedDotNet, that is set to be installed in Wherehouse Music, Virgin Entertainment and Kmart and Target stores, among others, this fall. Machines hooked into this network will allow consumers to copy music, movies and games onto CD-ROMs in the stores.
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BUSINESS
July 15, 1997 | MARLA MATZER, SPECIAL TO THE TIMES
Alliance Entertainment Corp., the largest independent distributor of recorded music in the United States, filed for Chapter 11 bankruptcy protection Monday. Alliance's troubles could have a ripple effect on the music industry. The New York-based company distributes music for more than 400 small, independent labels.
BUSINESS
December 31, 1997 | Bloomberg News
Alliance Entertainment Corp. said it will fire 150 workers in California as part of the company's move to Coral Springs, Fla. Alliance, which sought Chapter 11 bankruptcy reorganization in July because of high debt and weak sales, said the firings will result from its closure of a Santa Fe Springs warehouse by Jan. 17. The company, formerly based in New York, said it will transfer those operations to Coral Springs by Feb. 28.
BUSINESS
July 14, 1997 | Chuck Philips
Alliance Entertainment Corp., the nation's largest independent music distribution company, is expected to file today for Chapter 11 bankruptcy protection, sources said. The long-rumored action follows Alliance's default on a bank credit agreement requiring the company to raise $35 million of equity and make an amortization payment of $2 million before July 1.
BUSINESS
December 31, 1997 | Bloomberg News
Alliance Entertainment Corp. said it will fire 150 workers in California as part of the company's move to Coral Springs, Fla. Alliance, which sought Chapter 11 bankruptcy reorganization in July because of high debt and weak sales, said the firings will result from its closure of a Santa Fe Springs warehouse by Jan. 17. The company, formerly based in New York, said it will transfer those operations to Coral Springs by Feb. 28.
BUSINESS
December 24, 1993 | SANTA ANA
Airlie Inc., an employee-owned distributor of music cassette tapes and compact discs, signed a $35.5-million deal to be taken over by a New York music distributor, the company announced Thursday. Purchasing Airlie, which does business as Abbey Road Distributors, makes it possible for New York's Alliance Entertainment Corp. to expand into the West Coast, said Airlie Chief Executive Bruce Ogilvie. "Alliance has a lot of labels with exclusive distribution in the East Coast," Ogilvie said.
BUSINESS
November 15, 1999 | KAREN KAPLAN
Ticketmaster Online-CitySearch already uses the Web to sell tickets to thousands of events. Today, the Pasadena company will begin selling merchandise related to those events as well. The new Ticketmaster Store will offer CDs, videos, apparel and memorabilia related to concerts, sporting events, plays, museums and family entertainment activities. Alliance Entertainment Corp. and Steiner Sports Memorabilia will be named as distribution partners.
BUSINESS
May 17, 1999 | KAREN KAPLAN
The latest company to be drawn to the flashy world of entertainment and e-commerce is Yucaipa Cos., the private Los Angeles investment company behind Kroger Co.'s deal to acquire Fred Meyer and create the nation's largest supermarket chain. Yucaipa recently bought Alliance Entertainment Corp. of Coral Springs, Fla., which distributes music, videos, DVDs and games, and operates Web sites about music, movies and games.
BUSINESS
July 15, 1997 | MARLA MATZER, SPECIAL TO THE TIMES
Alliance Entertainment Corp., the largest independent distributor of recorded music in the United States, filed for Chapter 11 bankruptcy protection Monday. Alliance's troubles could have a ripple effect on the music industry. The New York-based company distributes music for more than 400 small, independent labels.
BUSINESS
July 14, 1997 | Chuck Philips
Alliance Entertainment Corp., the nation's largest independent music distribution company, is expected to file today for Chapter 11 bankruptcy protection, sources said. The long-rumored action follows Alliance's default on a bank credit agreement requiring the company to raise $35 million of equity and make an amortization payment of $2 million before July 1.
BUSINESS
December 24, 1993 | SANTA ANA
Airlie Inc., an employee-owned distributor of music cassette tapes and compact discs, signed a $35.5-million deal to be taken over by a New York music distributor, the company announced Thursday. Purchasing Airlie, which does business as Abbey Road Distributors, makes it possible for New York's Alliance Entertainment Corp. to expand into the West Coast, said Airlie Chief Executive Bruce Ogilvie. "Alliance has a lot of labels with exclusive distribution in the East Coast," Ogilvie said.
BUSINESS
June 14, 2002 | Bloomberg News
Liquid Audio Inc., an Internet music distributor, said it agreed to buy closely held Alliance Entertainment Corp., a distributor of video games, DVDs and compact discs, for about $118.3 million in stock. Alliance is controlled by AEC Associates, a unit of Los Angeles investment firm Yucaipa Cos. The company filed for Chapter 11 bankruptcy protection in July 1997. Liquid Audio said it will pay Alliance shareholders 46.2 million newly issued Liquid Audio shares.
BUSINESS
November 21, 2001 | Jeff Leeds
Valley Media Inc., one of the main distributors for independent record labels, filed for Chapter 11 bankruptcy protection on Tuesday. The long-expected move followed the collapse of merger talks with distributor Alliance Entertainment Corp. Valley's filing said the firm, based in Woodland, near Sacramento, has $240 million in assets and $260 million in debts.
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