PLANTATION, Fla., July 02, 2025 (GLOBE NEWSWIRE) -- Alliance Entertainment Holding Corporation (Nasdaq: AENT), a premier distributor and fulfillment partner of entertainment and pop culture collectibles, is pleased to announce the appointment of Devon Downs as Director of Creative Services for Alliance Home Entertainment, focused on licensed studio content.

A veteran creative leader with over 25 years of experience, Downs brings a proven track record in design and creative direction across physical media and entertainment packaging. He joins Alliance from Pixelogic Media, where he supported global creative delivery for hundreds of major studio releases. His work contributed to some of the most iconic and celebrated films of the past few decades, including Francis Ford Coppola’s The Godfather films and Steven Spielberg’s Indiana Jones films, James Cameron’s Titanic , Christopher Nolan’s Interstellar , Jerry Bruckheimer’s Top Gun: Maverick , and Martin Scorsese’s Wolf of Wall Street, Marvel Studios' Iron Man and Iron Man 2 .

Downs’ extensive experience with major studios, including Paramount, DreamWorks, and Nickelodeon, uniquely positions him to lead the next phase of creative innovation at Alliance, spanning film, television, and premium collectible editions.

“Devon is a powerhouse creative leader with an unmatched portfolio and deep roots in the home entertainment space,” said Robert Oram, Executive Vice President of Home Entertainment. “He excels at guiding creative strategy and overseeing the translation of a filmmaker’s vision into compelling packaging and campaigns that resonate with fans and collectors. We’re thrilled to have him leading our creative direction as we scale new heights.”

Downs will be based in Los Angeles and will oversee all creative direction for Alliance Home Entertainment’s growing portfolio of major studio and owned-content releases.

About Alliance Home Entertainment

Alliance Home Entertainment, a division of Alliance Entertainment (NASDAQ: AENT), is a premier licensing and distribution partner for film and television content across North America. Trusted by major Hollywood studios and leading independents alike, the division brings an expansive slate of blockbuster movies, award-winning series, and iconic library titles to market—connecting premium content with fans and collectors across every major retail and digital channel.

Alliance oversees the complete content lifecycle, offering a full suite of services—including post-production, replication, creative, marketing, sales, and omnichannel distribution across physical retail, digital storefronts, and streaming platforms. With a growing emphasis on premium and collector-focused formats—such as 4K Ultra HD, deluxe packaging, and exclusive editions—Alliance Home Entertainment is uniquely positioned to serve both mass-market audiences and the thriving collector marketplace. For more information about Alliance Home Entertainment, visit www.alliancehomeentertainment.com .

About Alliance Entertainment

Alliance Entertainment (NASDAQ: AENT) is a premier distributor and fulfillment partner for the entertainment and pop culture collectibles industry. With more than 325,000 unique in-stock SKUs — including over 57,300 exclusive titles across compact discs, vinyl LPs, DVDs, Blu-rays, and video games — Alliance offers the largest selection of physical media in the market. Our vast catalog also includes licensed merchandise, toys, retro gaming products, and collectibles, serving over 35,000 retail locations and powering e-commerce fulfillment for leading retailers. The company’s growing collectibles portfolio includes Handmade by Robots™, a stylized vinyl figure line featuring licensed characters from leading entertainment franchises. Leveraging decades of operational expertise, exclusive licensing partnerships, and a capital-light, scalable infrastructure, Alliance is a trusted partner to the world’s top entertainment brands and retailers. Our omnichannel platform connects collectors and fans to the products, franchises, and experiences they love — across formats and generations. For more information, visit www.aent.com .

Forward Looking Statements

Certain statements included in this Press Release that are not historical facts are forward-looking statements for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “plan,” “predict,” “potential,” “seem,” “seek,” “future,” “outlook,” and similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding estimates and forecasts of other financial and performance metrics and projections of market opportunity. These statements are based on various assumptions, whether identified in this Press Release, and on the current expectations of Alliance’s management and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as and must not be relied on by an investor as, a guarantee, an assurance, a prediction, or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of Alliance. These forward-looking statements are subject to a number of risks and uncertainties, including risks relating to the anticipated growth rates and market opportunities; changes in applicable laws or regulations; the ability of Alliance to execute its business model, including market acceptance of its systems and related services; Alliance’s reliance on a concentration of suppliers for its products and services; increases in Alliance’s costs, disruption of supply, or shortage of products and materials; Alliance’s dependence on a concentration of customers, and failure to add new customers or expand sales to Alliance’s existing customers; increased Alliance inventory and risk of obsolescence; Alliance’s significant amount of indebtedness; our ability to refinance our existing indebtedness; our ability to continue as a going concern absent access to sources of liquidity; risks and failure by Alliance to meet the covenant requirements of its revolving credit facility, including a fixed charge coverage ratio; risks that a breach of the revolving credit facility, including Alliance’s recent breach of the covenant requirements, could result in the lender declaring a default and that the full outstanding amount under the revolving credit facility could be immediately due in full, which would have severe adverse consequences for the Company; known or future litigation and regulatory enforcement risks, including the diversion of time and attention and the additional costs and demands on Alliance’s resources; Alliance’s business being adversely affected by increased inflation, higher interest rates and other adverse economic, business, and/or competitive factors; geopolitical risk and changes in applicable laws or regulations; risk that the COVID-19 pandemic, and local, state, and federal responses to addressing the pandemic may have an adverse effect on our business operations, as well as our financial condition and results of operations; substantial regulations, which are evolving, and unfavorable changes or failure by Alliance to comply with these regulations; product liability claims, which could harm Alliance’s financial condition and liquidity if Alliance is not able to successfully defend or insure against such claims; availability of additional capital to support business growth; and the inability of Alliance to develop and maintain effective internal controls.

For investor inquiries, please contact:

Dave Gentry
RedChip Companies, Inc.
1-407-644-4256
[email protected]