LGN Entertainment Distribution, Inc., Announces a New Physical Distribution Agreement with Super D/Alliance Entertainment
Melbourne, FL, February 24, 2014 --(PR.com
)-- LGN Entertainment Distribution, Inc., announces a new physical distribution agreement with Super D/Alliance Entertainment, Super D/Alliance Entertainment is the largest wholesale distributor of home entertainment audio and video software in the United States as well as an accomplished distribution channel for apparel, hardware and accessories.
LGN Entertainment, a seven year old company specializing in all genres, has partnered with Super D/Alliance Entertainment for physical distribution products and will continue its long standing relationship with INgrooves Fontana for digital releases. INgrooves Fontana will continue to distribute LGN Entertainment digital releases spanning multiple music genres from Reggae, R&B, Rock, Pop, Gospel, Christian, Country, Dance and Jazz and Super D/Alliance Entertainment will distribute LGN Entertainment physical releases.
The announcement was made by LGN Entertainment President/CEO Steve Lane who says, "I'm very excited with the company partnership with Super D/Alliance Entertainment. Their commitment to growth and technology is clear and unparalleled."
About LGN Entertainment
LGN Entertainment Distribution, Inc., the parent company of Veal-Steen Music Publishing www.vealsteen.com and LGN Retail www.lgnent.com represents independent record labels and artist-owned masters, spanning from all genres of popular music including one of the most popular commercial pop reggae catalog in the world "Flava McGregor Records".
About Super D/Alliance Entertainment
In a minnow-swallowing-a-whale-like deal, Super D has acquired Alliance Entertainment in a move that will make it the fourth-largest U.S. music account behind iTunes, Amazon, and Anderson Merchandisers, which racks Walmart and Best Buy.
Super D, based in Irvine, Calif., has revenues of about $195 million, sources say, and Alliance Entertainment, based in Coral Springs, Fla., has revenues of about $725 million, which also makes the merged company the second largest wholesale with combined revenues of about $920 million, behind Anderson Merchandisers. By Billboard's estimation, the newly company will now have 6.64% market share in the U.S., behind iTunes 40.6%, Anderson’s 12.2% and Amazon’s 8.6% shares. Previously Alliance Entertainment was ranked No. 5 and Super D was ranked No. 11., but the merger will move them past the previous No. 4, Target, which had 5.48% market share in 2012.
For more information and the latest news on LGN Entertainment visit:
Websites: www.lgnent.com www.vealsteen.com