Alliance Entertainment’s Distribution Solutions Extends Partnership with Cineverse
May 21 2024 - 8:31AM
Distribution Solutions, a division of Alliance Entertainment
(NASDAQ: AENT), today announced the extension of its current
partnership with Cineverse Corp (NASDAQ: CNVS), an innovative
streaming technology and entertainment company.
Distribution Solutions has successfully released
over 200 SKUs for the home entertainment division of Cineverse to
date. This includes titles from the flagship Hallmark brand, such
as Hallmark Mystery and Hallmark Channel movies, plus a robust
catalog of top films from Screen Media and other studios. Recent
titles from Cineverse’s Bloody Disgusting division include the
April 2, 2024 Steelbook® releases of RoboDoc: The Creation of
RoboCop, Jeepers Creeper: Reborn and instant cult horror classic,
Terrifier 2. New titles slated for the next 12-18 months include
Hallmark Countdown to Christmas Deluxe Movie Collection, Terrifier
3, Yu-Gi-Oh! The Movie Steelbook, Yu-Gi-Oh! The Trilogy.
“We are excited to continue our four-year
partnership with Cineverse, bringing their high-quality films to
engaged fans and collectors of physical media,” said Ben Means,
President at Distribution Solutions.
Distribution Solutions has been in business with
Cineverse (formerly Cinedigm) since August 2020, distributing both
new release and catalog titles, in addition to Steelbook® specialty
packages, collector’s editions, and multi-film packs designed for
fans of romance, mystery, horror, and holiday genre movies.
“With a specialty in content targeting the most
passionate fandoms – horror to indie film to family-friendly
fare – it is essential for us to continue to ensure a strong
pipeline of physical product to make available to collectors and
meet the demand of our most loyal consumers,” said Cineverse Chief
Content Officer, Yolanda Macias. “We are thrilled to continue our
successful partnership with Distribution Solutions.”
About Cineverse
Cineverse’s advanced, proprietary technology
drives the distribution of over 71,000 premium films, series, and
podcasts to more than 82 million unique viewers monthly. From
providing a complete streaming solution to some of the world’s most
recognizable brands, to super-serving their own network of fan
channels, Cineverse (NASDAQ: CNVS) is powering the future of
Entertainment. For more information, please visit
cineverse.com.
About Distribution
Solutions
Distribution Solutions, a division of Alliance
Entertainment, is the largest aggregator and downstream distributor
of independent and major studio film labels in North America. We
are a supplier to all major and independent retailers, in addition
to handling digital sales, delivery, and SVOD/linear licensing for
over 60 content providers. Our partners include Disney, Lionsgate,
DECAL, Criterion, Mill Creek Entertainment, AMC Networks/RLJ
Entertainment, Vertical and Cineverse.
Distribution Solutions offers comprehensive
in-house Post-Production Services, Consumer Marketing, Design
Services and Turnkey Operations Management—everything it takes to
set our partners up for success. For more information, visit
www.ds.aent.com.
About Alliance
Entertainment
Alliance Entertainment (NASDAQ: AENT) is a
premier distributor of music, movies, toys, collectibles, and
consumer electronics. We offer over 325,000 unique in stock SKU’s,
including over 57,300 exclusive compact discs, vinyl LP records,
DVDs, Blu-rays, and video games. Complementing our vast media
catalog, we also stock a full array of related accessories, toys
and collectibles. With more than thirty-five years of distribution
experience, Alliance Entertainment serves customers of every size,
providing a robust suite of services to resellers and retailers
worldwide. Our efficient processing and essential seller tools
noticeably reduce the costs associated with administrating multiple
vendor relationships, while helping omni-channel retailers expand
their product selection and fulfillment goals. For more
information, visit www.aent.com.
For investor inquiries, please
contact: MZ Group Chris
Tyson/Larry Holub (949)
491-8235 AENT@mzgroup.us
CineverseFor MediaThe Lippin
Group for Cineversecineverse@lippingroup.comFor
InvestorsJulie Milsteadinvestorrelations@cineverse.com
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