Ingram Entertainment Explained

Ingram Entertainment Inc.
Type:Wholesaler
Foundation:1981
Founder:David Bronson Ingram, Chairman and President
Location City:La Vergne, Tennessee
Location Country:United States
Locations:14
Key People:David Bronson Ingram, Chairman & President

Bob Webb, President and CEO
Donnie Daniels, CFO
Products:DVD, Blu-ray, Videogames, Audiobooks, and Accessessories
Num Employees:540 associates with an average tenure of fifteen years
Subsid:DBI Beverage, Monarch Home Entertainment
Homepage:http://www.ingramentertainment.com/

Ingram Entertainment Inc. was an American distributor of home entertainment products, like DVDs, audiobooks, video game software and hardware. Ingram Entertainment Inc, was at one time the nation's largest distributor of DVD software.

History

The company had 14 locations in the United States and offer services to video game stores, video game and electronic stores, supermarkets, drugstores, and internet retailers. Ingram Entertainment Holdings Inc. had total revenues of $616 million in 2010 processing approximately 100 million units of DVD and video game software.[1] [2] [3] The company had an affiliate: video distributor Monarch Home Video.

Assets

On January 11, 2019, Ingram purchased the music & video retail sales division and assets of Charlotte, North Carolina, based book distributor Baker & Taylor. Terms of the deal were not disclosed.[4]

Monarch Home Entertainment was created in 1989 by Ingram Entertainment.[5]

Ingram Entertainment sold beverage distributor DBI Beverage to Reyes Beverage Group in 2019.[6]

In September 2023 the company announced its closure. “Expenses are exceeding sales [so it’s] time to exit,” chairman and CEO David Ingram told Media Play News.[7]

External links

Notes and References

  1. Web site: Ingram Entertainment Case Study. 2009-09-03. Data Domain.
  2. Web site: INGRAM ENTERTAINMENT INC. 2009-09-03. Demandbase. https://web.archive.org/web/20110709011810/http://www.demandbase.com/directory/ingram_entertainment_inc-business-contacts. 2011-07-09. dead.
  3. Web site: Ingram Entertainment Inc.. https://web.archive.org/web/20100312071340/http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=95499. dead. March 12, 2010. 2009-09-03. BusinessWeek.
  4. News: Eric Snyder . North Carolina deal grows Ingram Entertainment . 30 January 2023 . Nashville Business Journal . January 17, 2019. (subscription required)
  5. Monarch Enters Sell-Thru With 'Mowgirl'. Moira. McCormick. Billboard. Billboard-Hollywood Media Group (Valence Media). New York City. May 2, 1998. April 13, 2019.
  6. Web site: Reyes to Acquire 28 Million Cases from DBI Beverage in Northern California . 8 July 2019 .
  7. https://www.mediaplaynews.com/ingram-entertainment-once-the-largest-home-entertainment-distributor-exits-disc-business/