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Laguna Hills
Tuesday, May 28, 2024
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CONSUMER: JEFF WALKER

CEO, ALLIANCE ENTERTAINMENT

WHY: Runs Sunrise, Fla.-based media distributor with long maintained executive offices in
Irvine. Provided services for past 35 years, stocking over 480,000 products from over 500
manufacturers including Microsoft, Nintendo and Disney.

IN THE NEWS: Company to go public via $480M SPAC deal with Adara Acquisition, expected to close in the fourth quarter this year. Will be listed on New York Stock Exchange under ticker symbol “AENT.”

QUOTABLE: “Just as Amazon started in books in the 1990s, we saw the opportunity to
evolve our music distribution business into a leading e-commerce company serving the biggest brands in the entertainment industry and beyond.”

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