Minneapolis–(business wire) — Mill Creek Entertainment, a division of Alliance Entertainment Holding Corporation, today announced that it has entered into a licensing agreement with production and distribution company, The Nasser Company.
The Nacelle Company offers an impressive catalog of feature films and documentaries. Through this partnership, Mill Creek Entertainment will distribute content to the physical market.
Through The Nasser Company’s Comedy Dynamics Division, Mill Creek Entertainment will tap into content from nearly 1,000 hours of stand-up comedy specials, combining the biggest comedian acts such as Jim Gaffigan, Tom Segura, Tiffany Haddish, Ali Wong, and more for retailers. Create a limited set for all over the country.
Mill Creek Entertainment will also retail for the first time some of the Nasser Company’s most popular series and documentaries, including Iconic Discovery: Star Wars and Center Seat: The 55th Anniversary of Star Trek.
“Partnering with The Nacelle Company allows Mill Creek to establish itself as a leader in premium comedy content for physical media and add to its library some of the best comedy entertainment on the market. We’re equally excited to bring groundbreaking documentaries and popular series that were previously unavailable to media to shelves nationwide.”
said Brian Volk-Weiss, Founder and CEO of Nacelle Company.
About The Nasser Company
Founded by Brian Volk Weiss, The Nacelle Company develops, produces and distributes feature films, documentaries and television programs (scripted and unscripted). Nacelle’s vast partnerships include Netflix, Amazon, Disney+, HBO, Discovery, BET+, A&E Networks, Hulu and Viacom. The Nacelle Company is the creator of the hit Netflix documentary series Down To Earth with Zac Efron, The Movies That Made Us, The Toys That Made Us, and Disney+’s Behind The Attraction, Sony’s ‘Mad About You’ reboot, produced ‘How’ for Netflix. To Fix A Drug Scandal, CW’s Discontinued, Netflix’s Kevin Hart’s Guide To Black History, All The Way Black for BET+, Grant for The History Channel.
About Mill Creek Entertainment
Mill Creek Entertainment is a leading independent studio in the home entertainment industry for Blu-ray, DVD and digital distribution. With a direct sales pipeline to all major retailers and online partners, Mill Creek Entertainment licenses, produces and distributes a dynamic array of film and television content across the North American retail market (both in-store and online). , and distribution. Mill Creek Entertainment’s vast library of Oscar®-winning feature films, Emmy®-winning classic and contemporary television series, original documentaries, and pop culture favorites to enlighten, educate and entertain Works included. Mill Creek Entertainment is based in Minneapolis, Minnesota. For more information, please visit www.millcreekent.com.
About Alliance Entertainment
Alliance Entertainment is a leading distributor of music, movies and consumer electronics. We offer 485,000 unique inventory SKUs, including over 57,300 exclusive compact discs, vinyl LP records, DVDs, Blu-rays, and video games. Complementing our extensive media catalog is a large selection of related accessories, toys and collectibles. With over 35 years of distribution experience, Alliance Entertainment serves customers of all sizes and offers a robust suite of services to resellers and retailers around the world. Our efficient processing and essential seller tools significantly reduce costs associated with managing multiple vendor relationships while helping omnichannel retailers expand their product selection and fulfillment goals For more information, please visit www.aent.com.
On June 23, 2022, Alliance Entertainment announced that it will go public through a merger transaction with Adara Acquisition Corp. (NYSE: ADRA, ADRA.U, ADRA.WS) (“Adara”), a publicly traded special purpose acquisition company Did. The transaction is expected to close in the fourth quarter of 2022, at which time the combined company’s common stock will trade on the NYSE American under the ticker symbol “AENT.”
About Adara Acquisition Corp.
Adara raised $115 million in February 2021 and its securities are listed on the NYSE American under the ticker symbol NYSE: ADRA, ADRA.U, ADRA.WS. Adara is a blank check company organized for the purpose of a merger, stock swap, asset acquisition, stock purchase, capital increase, reorganization, or other similar business combination with one or more companies or entities. Adara is led by CEO Thomas Finke (Former Chairman and CEO of Barings LLC) and Director W. Tom Donaldson (Founder of Blystone & Donaldson). In addition to Finke and Donaldson, Adara’s board also includes Frank Quintero, Dylan Glenn and Beatrice Acevedo Greif.
For more information, please visit https://www.adaraspac.com.
Forward-Looking Statements
Certain statements contained in this press release that are not historical facts are forward-looking statements for purposes of the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. “may”, “will”, “estimate”, “continue”, “predict”, “intend”, “expect”, “should”, “would”, “plan , “predict”, “may”, “seek”, “seek”, “future”, “prospect” and similar expressions that predict or indicate future events or trends; They are not statements. These forward-looking statements include estimates and forecasts of financial and performance indicators, forecasts of market opportunities, expectations and timing related to Alliance Entertainment’s business, customer growth and other business milestones, and proposals. including, but not limited to, statements regarding the potential benefits of the products identified. business combinations (“Proposed Transactions”) and expectations related to the timing of the proposed Transactions;
These statements are based on various assumptions, whether or not identified in this press release, are based on the current expectations of management of Adara and Alliance Entertainment, and are not projections of actual performance. There is none. These forward-looking statements are provided for illustrative purposes only and are not intended to act as guarantees, guarantees, projections or conclusive statements of fact or possibility and are not relied upon by investors. should not be. Actual events or circumstances may be difficult or impossible to predict and differ from assumptions. Many of the actual events and circumstances are beyond the control of Alliance Entertainment and Adara.
These forward-looking statements are subject to a number of risks and uncertainties, including changes in domestic and international business, market, financial, political and legal conditions. the parties to the proposed transaction, including the risk of failure to obtain regulatory approval, the risk of delay, or the risk of being exposed to unforeseen circumstances that may adversely affect the expected benefits of the combined company or the proposed transaction; the inability to successfully or timely complete a transaction; Not approved by Adara or Alliance Entertainment shareholders. failure to realize the anticipated benefits of the proposed transaction; risks associated with the uncertainty of the forecast financial information regarding Alliance Entertainment; Risks associated with the music, video, games and entertainment industry, including changes in entertainment delivery formats. global economic conditions; the impact of competition on Alliance Entertainment’s future business; Risks associated with fulfillment networks. Risks associated with expansion and burden on Alliance Entertainment’s managerial, operational, financial and other resources. Performance and growth rate risks. Business could hurt the volume of redemption demands by Adara’s public shareholders. the factors described under the heading “Risk Factors” in Adara’s Annual Report on Form 10-K for the fiscal year ended December 31, 2021 and filed June 23, 2022; The current report on Form 8-K and Adara’s other documents have been or will be filed with the SEC.
No offer or solicitation
This notice does not constitute an offer to sell, or the solicitation of an offer to buy, or the solicitation of a vote or approval, in any such offer, solicitation, or other jurisdiction under the securities laws of any other jurisdiction. Selling prior to registration or qualification is illegal.
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