ALLIANCE GETS NEW
LINE OF CREDIT
GE Commercial has supplied credit to AEC for the last four years.
Said Alliance President/CEO Eric Weisman: "During that time, our net sales have grown from approximately $320 million in 1998 to $808 million in 2002. Through our financing with GE, we look forward to pursuing opportunities that will continue the growth of the company."
GE Sr. VP Charles Chiodo added: "Alliance Entertainment is a valued customer of ours. We are pleased to be able to extend this relationship and support the company’s growth."
It was just over four years ago that AEC became the first one-stop in history to emerge successfully from Chapter 11 bankruptcy protection and is now edging towards a billion dollar a year business. On the other hand, Valley Media, who ruled the national wholesale scene at the time, is now out of business.
HIPGNOSIS BOARD APPROVES UPPED BLACKSTONE BID
But it ain't over till it's over. (4/29a)
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THE NEW UMG
Gosh, we hope there are more press releases.
TIKTOK BANNED!
Unless the Senate manages to make this whole thing go away, that is.
THE NEW HUGE COUNTRY ACT
No, not that one.
TRUMP'S CAMPAIGN PLAYLIST
Now 100% unlicensed!
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JAMES KING: THE HITS INTERVIEW (PART ONE)
