Ingram Entertainment

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Ingram Entertainment Inc.
Company type Private
Founded1981;44 years ago (1981)
Founder David Bronson Ingram
Headquarters
La Vergne, Tennessee
,
United States
Number of locations
14
Key people
David Bronson Ingram (chairman & president)
Bob Webb (president and CEO)
Donnie Daniels (CFO)
ProductsDVD, Blu-ray, Videogames, Audiobooks, and Accessessories
Number of employees
540 associates with an average tenure of fifteen years
Subsidiaries DBI Beverage, Monarch Home Entertainment
Website 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.

Contents

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]

References

  1. ↑ Data Domain. "Ingram Entertainment Case Study" . Retrieved September 3, 2009.
  2. ↑ Demandbase. "INGRAM ENTERTAINMENT INC". Archived from the original on July 9, 2011. Retrieved September 3, 2009.
  3. ↑ "Ingram Entertainment Inc". BusinessWeek. Archived from the original on March 12, 2010. Retrieved September 3, 2009.
  4. ↑ Eric Snyder (January 17, 2019). "North Carolina deal grows Ingram Entertainment". Nashville Business Journal. Retrieved January 30, 2023. (subscription required)
  5. ↑ McCormick, Moira (May 2, 1998). "Monarch Enters Sell-Thru With 'Mowgirl'". Billboard . New York City: Billboard-Hollywood Media Group (Valence Media). Retrieved April 13, 2019.
  6. ↑ "Reyes to Acquire 28 Million Cases from DBI Beverage in Northern California". July 8, 2019.
  7. ↑ "Ingram Entertainment, Once the Largest Home Entertainment Distributor, Exits Disc Business". September 7, 2023.
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