Ingram Entertainment
{{short description|American distributor of home entertainment}}
{{Infobox company
| name = Ingram Entertainment Inc.
| logo = Private
| type = Wholesaler
| genre =
| fate =
| predecessor =
| successor =
| foundation = 1981
| founder = David Bronson Ingram, Chairman and President
| defunct =
| location_city = La Vergne, Tennessee
| location_country = United States
| location =
| locations = 14
| area_served =
| key_people = David Bronson Ingram, Chairman & President
Bob Webb, President and CEO
Donnie Daniels, CFO
| industry =
| products = DVD, Blu-ray, Videogames, Audiobooks, and Accessessories
| production =
| services =
| revenue =
| operating_income =
| net_income =
| aum =
| assets =
| equity =
| owner =
| num_employees = 540 associates with an average tenure of fifteen years
| parent =
| divisions =
| subsid = DBI Beverage, Monarch Home Entertainment
| homepage = [http://www.ingramentertainment.com/ www.ingramentertainment.com]
| footnotes =
| intl =
}}
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.{{cite web |url=http://www.datadomain.com/resources/cs-ingram.html |title=Ingram Entertainment Case Study |accessdate=2009-09-03 |author=Data Domain}}{{cite web|url=http://www.demandbase.com/directory/ingram_entertainment_inc-business-contacts|title=INGRAM ENTERTAINMENT INC|accessdate=2009-09-03|author=Demandbase|archive-url=https://web.archive.org/web/20110709011810/http://www.demandbase.com/directory/ingram_entertainment_inc-business-contacts|archive-date=2011-07-09|url-status=dead}}{{cite web|url=http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=95499|archive-url=https://web.archive.org/web/20100312071340/http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=95499|url-status=dead|archive-date=March 12, 2010|title=Ingram Entertainment Inc.|accessdate=2009-09-03|work=BusinessWeek}} 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.{{cite news |author1=Eric Snyder |title=North Carolina deal grows Ingram Entertainment |url=https://www.bizjournals.com/nashville/news/2019/01/17/north-carolina-deal-expands-ingram-entertainment.html|access-date=30 January 2023 |work=Nashville Business Journal |date=January 17, 2019}} (subscription required)
Monarch Home Entertainment was created in 1989 by Ingram Entertainment.{{cite magazine|url=https://books.google.com/books?id=XA0EAAAAMBAJ&q=Monarch+Home+Entertainment+was+created+in+1989+by+Ingram+Entertainment.&pg=PA72|title=Monarch Enters Sell-Thru With 'Mowgirl'|first=Moira|last=McCormick|magazine=Billboard|publisher=Billboard-Hollywood Media Group (Valence Media)|location=New York City|date=May 2, 1998|accessdate=April 13, 2019}}
Ingram Entertainment sold beverage distributor DBI Beverage to Reyes Beverage Group in 2019.{{cite web | url=https://www.brewbound.com/news/reyes-to-acquire-28-million-cases-from-dbi-beverage-in-northern-california/ | title=Reyes to Acquire 28 Million Cases from DBI Beverage in Northern California | date=8 July 2019 }}
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.{{cite web | url=https://www.mediaplaynews.com/ingram-entertainment-once-the-largest-home-entertainment-distributor-exits-disc-business/ | title=Ingram Entertainment, Once the Largest Home Entertainment Distributor, Exits Disc Business | date=7 September 2023 }}
References
{{Reflist}}
External links
- [http://www.ingramentertainment.com/ Official Website]
- [https://internetgekkies.nl/ Internet Gekkies]
{{authority control}}
Category:American corporate subsidiaries
Category:Mass media companies established in 1981
Category:Companies based in Nashville, Tennessee
Category:Home video distributors
{{US-entertainment-company-stub}}