Alliance Entertainment Corp

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.

Money-losing Internet music distributor Liquid Audio Inc. and Alliance Entertainment Corp. canceled their planned merger Monday because of shareholder opposition, the companies said. Liquid Audio spokeswoman Kim Strop declined to comment on any other possible merger talks or the company's plans without Alliance. "I think that it's safe to say that in the coming days, or even weeks, you're going to see more information about our future plans," she said. Liquid Audio shareholder MM Cos.

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.

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.

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.

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.

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.

Money-losing Internet music distributor Liquid Audio Inc. and Alliance Entertainment Corp. canceled their planned merger Monday because of shareholder opposition, the companies said. Liquid Audio spokeswoman Kim Strop declined to comment on any other possible merger talks or the company's plans without Alliance. "I think that it's safe to say that in the coming days, or even weeks, you're going to see more information about our future plans," she said. Liquid Audio shareholder MM Cos.

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.

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.

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.

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.

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.

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.

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.