Alliance Names Former Universal Music Exec Mike Davis President
Alliance Names Former Universal Music Exec Mike Davis President

Former Universal Music Enterprises executive Mike Davis has been named president of Alliance Entertainment, filling a void at the company that has existed since Alan Tuchman resigned as CEO in April.

Davis had previously been executive VP/GM of UME, and before that had held the same title with Universal Music Group Distribution, one of Alliance's main suppliers. Prior to working for record labels, Davis had been a music retailer and had worked at a one-stop wholesaler, which means that his position with Alliance brings his career full circle.

Billboard estimates that Alliance Entertainment has annual revenues of about $750 million, mainly selling CDs and DVDs to retailers such as Barnes & Noble and Kmart, independent music retailers, and to online CD stores. Alliance was acquired last September by Platinum Equity and the Gores Group, two private equity firms.

"Alliance is currently providing a valuable service to the entertainment industry, both content providers and retailers, in a very challenging marketplace," David said in a statement. said Mr. Davis. "Alliance is uniquely positioned to provide vital solutions for retailers, studios, labels, artists, and managers as the industry builds their business models of tomorrow."

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