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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