Mill Creek Entertainment, a division of Alliance Entertainment,
announced it will release Believe Entertainment’s supernatural
thriller
Nefarious, on Blu-ray™ and DVD on August
15, 2023, following successful theatrical and Premium
Video-on-Demand (“VOD”) windows.
The R-rated
supernatural thriller opened theatrically through Soli Deo Gloria
Releasing, earning $5.4M in Domestic Box office. Mill Creek
Entertainment then led a successful Premium VOD rollout on iTunes,
Google, and Amazon that has yielded an estimated total of over
560,000 streams since its digital release on June 2, 2023. Gross
digital revenue to date is approximately $7M, and the title is on
track to double Mill Creek’s digital year-over-year revenue.
“Nefarious is our biggest release to date and
the digital sales we managed on this title was just exceptional,”
said Jeff Walker, CEO of Alliance Entertainment. “In addition to
our state-of-the-art physical distribution operations, we have
built a robust digital video platform that can support great movies
like Nefarious that provided Believe Entertainment with a complete
physical and digital distribution solution.”
Nefarious will be available to own on Blu-ray™ and
DVD on August 15, 2023, at major U.S. and Canadian retailers and
e-commerce sites including Walmart, Best Buy, Barnes & Noble,
Target, and Amazon. The film is Mill Creek
Entertainment's top-ranking Amazon pre-order on DVD and
Blu-ray. Initial placement of over 50,000 units to cover heavy
projected demand for the physical copy of this great movie. The DVD
and Blu-ray™ will be available to over 10,000 brick and mortar
storefronts serviced by Alliance Entertainment.
Inspired by the New
York Times best-selling book ‘A Nefarious Plot,’ the film stars
Sean Patrick Flanery (Boondock Saints) as a convicted serial killer
possessed by a demon named ‘Nefarious.’ On the day of his scheduled
execution, he gets a last-minute, court-ordered psychiatric
evaluation. The killer astonishes visiting psychiatrist Dr. James
Martin (Belfi, Entourage) by insisting that instead of trying to
avoid his execution, he is in fact a demon - Nefarious - who wants
his execution to go forward. As a storm gathers outside the prison,
Nefarious chips away at Dr. Martin’s resolve and conviction,
confounding and unsettling him so much that he begins to doubt his
own sanity and fears for his life. As the two face off, they
deliver crackling energy and a series of disturbing preternatural
revelations propelling them to an inexorable, astounding
conclusion.
A thought-provoking
conversational battle between good and evil, the film earned a
Rotten Tomatoes audience rating of 96%, with over 1,000 viewers
giving high praise for Flanery’s portrayal of a tormented man
fighting for his life.
Nefarious stars
Sean Patrick Flanery and Jordan
Belfi, and features Tom Ohmer,
Eric Hansen, Stelio Savante,
Robert Peters, and Cameron
Arnett, with a special cameo by Glenn
Beck.
Nefarious is part of
Mill Creek Entertainment’s overall content strategy, expanding its
distribution of faith-based and conservative films to appeal to a
broader consumer base.
About Mill Creek
Entertainment
Mill Creek Entertainment is the home
entertainment industry’s leading independent studio for Blu-ray,
DVD, and digital distribution. With direct sales pipelines to all
primary retail and online partners, Mill Creek Entertainment
licenses, produces, markets, and distributes a dynamic array of
film and television content to the entire North American retail
marketplace, both in-store and online. Mill Creek Entertainment’s
expansive library includes Oscar®-winning theatrical feature films,
Emmy®-winning classic and current TV series, original documentary
productions and pop-culture favorites that enlighten, educate, and
entertain. Mill Creek Entertainment is based in Minneapolis,
Minnesota. For more information, please visit
www.millcreekent.com.
About Alliance
Entertainment
Alliance Entertainment is a premier distributor
of music, movies, and consumer electronics. We offer over 425,000
unique in stock SKU’s, including over 57,300 exclusive compact
discs, vinyl LP records, DVDs, Blu-rays, and video games.
Complementing our vast media catalog, we also stock a full array of
related accessories, toys and collectibles. With more than
thirty-five years of distribution experience, Alliance
Entertainment serves customers of every size, providing a robust
suite of services to resellers and retailers worldwide. Our
efficient processing and essential seller tools noticeably reduce
the costs associated with administrating multiple vendor
relationships, while helping omni-channel retailers expand their
product selection and fulfillment goals. 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 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:MZ GroupChris Tyson/Larry
Holub(949) 491-8235AENT@mzgroup.us
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