Alliance Entertainment (NASDAQ: AENT) acquired Handmade by Robots, a unique line of vinyl figures styled to resemble knitted toys and featuring licensed characters from popular franchises such as Harry Potter, Ghostbusters, and Stranger Things. This acquisition strengthens Alliance’s position in the collectibles market, combining Handmade by Robots’ distinctive designs with Alliance’s expansive distribution network, which includes major retailers like Walmart, Target, and Amazon. By producing exclusive, limited-edition releases and leveraging global reach, Alliance aims to captivate collectors and expand the brand’s presence in over 70 countries.
Disclosure
Alliance Entertainment (AENT) is a client of RedChip Companies. AENT agreed to pay RedChip Companies, Inc. a $7,500 monthly cash fee, beginning in September 2024, for six month of investor awareness services. AENT also agreed to pay RedChip a $40,000 fee for a national TV ad campaign aired weekdays from June 3 through June 28, 2024, a $30,000 fee for a three week national TV ad campaign beginning September 12, 2024, and a $40,000 fee for a four week national TV ad campaign aired November 11 to December 6, 2024.
