Valley Media Inc.

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valley media inc. - All News and Analysis

• Hudson Valley Media Group Launches Comprehensive Bridge Safety Website

  - 2007-08-07

  To: TECHNOLOGY EDITORSContact: Erik Gliedman, Online News Editor, +1-845-346-3108, or egliedman@th-record.com MIDDLETOWN, N.Y., Aug. 7 /PRNewswire/ -- The Hudson Valley Media Group (parent organization of the Times Herald-Record) is proud to announce the launch of its new recordonline.com website section on Hudson Valley bridge safety: http://www.recordonline.com/bridges This comprehensive section, created...

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• Valley media calls it quits: After Chapter 11, liquidation. (Headliners).(Brief Article)(Company Profile)

  - 2002-01-21

  Beleaguered distributor Valley Media, which filed for Chapter 11 bankruptcy protection in November, will liquidate its remaining assets and shutter operations, president Lew Garrett said. Valley, based in Woodland, Calif., is taking bids on its inventory, which it estimates is worth roughly...

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• Deep losses at valley. (vidbits).(Valley Media Inc.)(Brief Article)

  - 2001-12-10

  * Valley Media was the picture of bad health in its latest earnings report, registering a net loss of $47.8 million ($5.54 a share) for its second quarter ended Sept. 29. That compared to a net loss of $3 million in the comparable period last year. The...

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• Wholesalers take a fall: ETD exits video, Valley in Chapter 11.(East Texas Distributin Inc., Valley Media)(Brief Article)

  - 2001-11-26

  Thanksgiving week was a rough and wild one for distribution, with veteran wholesaler ETD shuttering its video operation and Valley Media filing for Chapter 11 bankruptcy protection. The apparent exits of ETD and Valley from the video business reduce the distributor...

  Tags: ETD, Valley Media Inc.

• Valley Media Files for Protection Under Chapter 11 of the U.S. Bankruptcy Code

  - 2001-11-20

  Business Editors WOODLAND, Calif.--BUSINESS WIRE--Nov. 20, 2001 On November 20, 2001, Valley Media, Inc. (Nasdaq:VMIX) (the "Company") filed a voluntary petition for relief under Chapter 11 of the federal bankruptcy code in the United States Bankruptcy Court (the "Court") for the District of Delaware. No trustee, receiver or...

  Tags: Company, Computer Associates International Inc., Valley Media Inc.

• Valley staff, accounts out.(Valley Media )(Brief Article)

  - 2001-10-29

  Valley Media has trimmed hundreds from its payroll, drastically scaling back its Louisville, Ky., distribution center to reduce overhead as merger talks with competitor Alliance Entertainment drag on. Valley is now almost out of the video business, with Alliance supplying new releases...

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• Valley Media Continues Focus on Core Business

  - 2001-10-25

  Business Editors WOODLAND, Calif.--BUSINESS WIRE--Oct. 25, 2001 Valley Media, Inc. (Nasdaq:VMIX) today announced that it is temporarily reducing its operations at its Louisville, KY, distribution center. This decision was due to the general decline in market conditions coupled with Valley's decision to re-direct its sell-through video business towards...

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• Deal might be music to Valley, Alliance.(Brief Article)

  - 2001-10-15

  MERGER COULD SAVE COMPANIES AS MUCH AS $30 MILLION If Valley Media and Alliance Entertainment manage to hammer out a deal, it's unclear how much video business the two music-heavy distributors will share between them. Ailing...

  Tags: Ingram Micro Inc., Valley Media Inc.

• Valley slices red ink.(Valley Media Inc. reduces losses)(Brief Article)(Statistical Data Included)

  - 2001-08-20

  * Valley Media narrowed its net loss to $2.5 million in its first quarter ended June 30, compared with $6.9 million in the same period last year, despite a decline in sales related to its exit from the video rental business. Net sales fell 20% to $142.9...

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• Valley Media Names Garrett President

  - 2001-08-16

  Business Editors WOODLAND, Calif.--BUSINESS WIRE--Aug. 16, 2001 Valley Media, Inc. (Nasdaq:VMIX), a recognized leader in the full-line distribution of music and video entertainment products, today announced that the Board of Directors has appointed Mr. Lewis Garrett as President. Additionally, the Board promoted Mr. John Kordic to Executive Vice...

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