| Business Summary | | Valley
Media,
Inc.
is
a
full-line
distributor
of
music
and
video
entertainment
products.
The
Company
distributes
product
to
retailers
operating
traditional
storefronts
as
well
as
music
and
video
Internet
retailers.
With
its
advanced
systems,
technology
and
proprietary
databases,
the
Company
provides
value-added
services
to
its
customers
and
suppliers,
and
enables
music
and
video
suppliers
to
more
effectively
reach
a
fragmented
retail
market.
The
Company
operates
through
three
primary
business
groups:
Full-line
Distribution,
E-Fulfillment
and
Independent
Distribution. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Valley
Media,
Inc.
is
a
full-line
distributor
of
prerecorded
music
and
video
entertainment
products.
Products
include
CD's,
videocassettes,
video
games,
and
DVD's.
For
the
13
weeks
ended
6/30/01,
revenues
decreased
19%
to
$145.9
million.
Net
loss
decreased
63%
to
$2.5
million.
Revenues
reflect
higher
than
normal
returns
and
inventory
adjustments.
Lower
loss
benefitted
from
work
force
reduction
and
expense
control
initiatives. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Barnet Cohen, 53 Chairman | $336K | Peter Berger CEO | -- | Lewis Garrett Pres | -- | Jerrold Benjamin CFO | -- | John Gennari Exec.
VP of Sales | -- | Dollar amounts are as of 1-Apr-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|