Alliance Entertainment Announces Largest Sales Month for Independent Retail Division Coinciding with 2024 Record Store Day Event
PLANTATION, Fla., May 07, 2024 (GLOBE NEWSWIRE) — Alliance Entertainment Holding Corporation (Nasdaq: AENT), a global distributor and wholesaler specializing in music, movies, video games, electronics, arcades, toys, and collectibles, today announced results of last month’s Record Store Day events. Record Store Day (www.recordstoreday.com) is an annual event inaugurated in 2007 and held on one Saturday every April to “celebrate the culture of the independently owned record store‘” and brings together fans, artists, and thousands of independent record stores around the world. As in past years, artists and record labels produce vinyl content pressed exclusively for Record Store Day. These exclusives are distributed to more than 1,500 record stores in the US participating in the event. Now in its 17th year, and haven taken place this year on April 20, 2024, the Record Store Day phenomenon continues to grow. Many attribute the success of Record Store Day to the continued growth and expansion of vinyl records across the music industry with physical vinyl album sales in 2023 surpassing 43 million units.