Retail
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Alliance Entertainment Going Public via $480 Million Business Combination with Adara Acquisition Corp.
Longtime home entertainment distributor Alliance Entertainment June 23 announced a plan to become a publicly traded company through the signing of a $480 million business combination agreement with Adara Acquisition Corp., a special purpose acquisition corporation. Upon closing, the combined entity is expected to be listed on the New York Stock Exchange American under the ticker symbols … Continue reading “Alliance Entertainment Going Public via $480 Million Business Combination with Adara Acquisition Corp.”
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Merchandising: The Unbearable Weight of Massive Exclusives
There were no shortages of retailer exclusives tied to the June 21 Blu-ray release of Lionsgate’s The Unbearable Weight of Massive Talent. The film stars Nicolas Cage as a fictionalized version of himself, who is recruited by the CIA to infiltrate the operation of a suspected international criminal who is also a huge movie fan. … Continue reading “Merchandising: The Unbearable Weight of Massive Exclusives”
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Alliance Entertainment Going Public via $480 Million Business Combination with Adara Acquisition Corp.
Longtime home entertainment distributor Alliance Entertainment June 23 announced a plan to become a publicly traded company through the signing of a $480 million business combination agreement with Adara Acquisition Corp., a special purpose acquisition corporation. Upon closing, the combined entity is expected to be listed on the New York Stock Exchange American under the ticker symbols … Continue reading “Alliance Entertainment Going Public via $480 Million Business Combination with Adara Acquisition Corp.”
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Merchandising: The Unbearable Weight of Massive Exclusives
There were no shortages of retailer exclusives tied to the June 21 Blu-ray release of Lionsgate’s The Unbearable Weight of Massive Talent. The film stars Nicolas Cage as a fictionalized version of himself, who is recruited by the CIA to infiltrate the operation of a suspected international criminal who is also a huge movie fan. … Continue reading “Merchandising: The Unbearable Weight of Massive Exclusives”
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PwC: Packaged Media Revenue to Decline 55% Through 2026
Consumer migration from packaged media movies to digital distribution continues, with new data from consulting firm PricewaterhouseCoopers (PwC) projecting that the U.S. home entertainment retail market will generate about $1.1 billion in revenue from the sales of DVD, Blu-ray Disc and 4K UHD Blu-ray titles in 2026 — down almost 55% (or 17.5% annually) from … Continue reading “PwC: Packaged Media Revenue to Decline 55% Through 2026”
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Warner’s ‘The Batman’ Returns Atop U.K. Home Entertainment Sales Chart Following Disc Release
Warner Bros. Pictures/DC Comics The Batman reclaimed the No. 1 spot on the U.K. Official Film Chart following its release on DVD, Blu-ray Disc and 4K UHD Blu-ray. Claiming the second-highest opening week on disc of the year so far, The Batman generated nearly double the sales of its closest competition, including 93% of its final … Continue reading “Warner’s ‘The Batman’ Returns Atop U.K. Home Entertainment Sales Chart Following Disc Release”
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Home Entertainment Retail Roundup 2022: A Sure Cure For Streaming Fatigue
Welcome to Media Play News’ fifth annual look at the top home entertainment retailers. Here, we celebrate the retailers who are engaged in the business of distributing home entertainment product on a transactional basis, not via subscription services. These are the top third-party operators where consumers go to buy or rent movies, TV shows and … Continue reading “Home Entertainment Retail Roundup 2022: A Sure Cure For Streaming Fatigue”
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Roku, Walmart Partner for E-Commerce Transactions
Roku and Walmart June 16 announced a groundbreaking partnership to make TV streaming the next e-commerce shopping destination. Walmart will be the exclusive retailer to enable streamers to purchase featured products fulfilled by Walmart directly on Roku This pact is designed to evolve shopping beyond the QR code. The new platform aims to offer product … Continue reading “Roku, Walmart Partner for E-Commerce Transactions”
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NEWS ANALYSIS: Redbox’s ‘Meme Stock’ Rollercoaster Ride Continues
Another day, another premarket rally for Redbox Entertainment shares, which surge and drop like a rollercoaster amusement ride. The legacy kiosk disc rental company’s shares have become a meme stock, subject to the whims of mob rule among day traders and short squeezers transacting more than 20 million shares daily — and little to do … Continue reading “NEWS ANALYSIS: Redbox’s ‘Meme Stock’ Rollercoaster Ride Continues”
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Longtime Home Video Distributor Finds Gold in Vintage VHS Cassettes
Veteran home video distributor Steven V. Scavelli has uncovered a new profit center in the warehouse of Flash Distributors, the company he’s run for more than 30 years. He’s been selling vintage VHS cassettes, most of them still sealed, through auction sites such as Goldin and Heritage — for hundreds and even thousands of dollars … Continue reading “Longtime Home Video Distributor Finds Gold in Vintage VHS Cassettes”
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Merchandising: Retailers Bite on ‘Morbius’ Exclusives
Among the new releases of June 14, each of the big three national home entertainment retailers offered their own exclusive editions for Morbius, Sony Pictures’ latest adaptation of its cadre of Spider-Man characters. Best Buy offered its typical Steelbook treatment for the 4K Ultra HD Blu-ray combo pack of Morbius, for $34.99. Walmart had the … Continue reading “Merchandising: Retailers Bite on ‘Morbius’ Exclusives”
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Merchandising: Get a ‘Bourne’ Collection 4K Steelbook at Best Buy
The big retailers didn’t do much to promote the scant new releases of June 7, but Best Buy had a new 4K Steelbook boxed set of the “Bourne” action franchise starring Matt Damon. The 4K Steelbook edition of Universal Pictures The Bourne Complete Collection could be had for $64.99. Best Buy’s website indicated copies were … Continue reading “Merchandising: Get a ‘Bourne’ Collection 4K Steelbook at Best Buy”
