Heard on the Web" Media Intelligence
Courtesy of BoSacks and The Precision Media Group 
America's Oldest e-newsletter est.1993
Join Our List
Forward to a friend

BoSacks Sponsor
BoSacks Sponsor
Blue Toad
BoSacks Sponsor
bo ad 5
Join Our List
Bo Warning
Forward to a friend

Life is pleasant. Death is peaceful. It's the transition that's troublesome.

Isaac Asimov

 Like us on Facebook           Follow us on Twitter


Dear xxx,


As I am sure you are aware, over the course of the last five months, Source Interlink Distribution Company has been vigorously engaged in discussions with publishers and national distributors across our business in an effort to correct the inefficiencies and unnecessary redundant costs that currently plague the wholesale distribution channel.


In conjunction with that effort we:

  • Circulated a Summary of Terms to each national distributor in mid-March as a basis to begin that dialogue, and
  • Met with each of the national distributors and certain publishers on multiple occasions throughout the last two months in an effort to reach common ground. 


While we have made significant progress in finding mutually agreeable solutions with publishers and national distributors alike, one of our largest suppliers has recently decided to cease supply and move in a different direction.  As such, it's with a heavy heart that I am writing to advise you that Source Interlink Distribution Company will be discontinuing all operations in the near future.    


In light of this unfortunate turn of events, we are willing to discuss arrangements for an orderly transition of our retail customers to successor wholesale distributors as part of an industry solution sponsored by one or more publishers and national distributors and which may include Source's continued operation on a cost-recovery basis for a short period of time. This transition would be predicated upon reaching, with participating publishers, national distributors and successor wholesale distributors, financial arrangements that are acceptable to Source and its key creditor constituencies.  We firmly believe that such an orderly transition is in the best interests of our retailers, the publishers and the national distributors...as well as the industry as a whole.


While this is truly a sad day for Source and its roughly 6,000 employees, we are hopeful that we will be afforded the opportunity to wind down our operation in a smooth and orderly manner.  In the coming days, we will do our best at keeping you informed as things progress. 


We wish you the best of luck in your future endeavors and thank you for the support you've shown our business over the last 20 years.




Michael L. Sullivan

Chief Executive Officer | Source Interlink Distribution

27500 Riverview Center Blvd | Bonita Springs, FL 34134

O: 239-949-7646 | F: 239-949-7693





bo"The Industry that Vents Together Stays Together"  
Responses to all Articles and Bo-Rants are greatly encouraged and may be included in " BoSacks Readers Speak Out"  =======================================
All news items and the various opinions expressed in this newsletter are not necessarily the opinion of, nor in agreement with the opinions of BoSacks. They are just interesting thoughts and other opinions that BoSacks thinks you should know about.  
After all, as the Japanese proverb goes: 
"If you believe everything you read, perhaps you better not read." 

"Heard on the Web" Media Intelligence:  
Courtesy of  The Precision Media Group.   
Print, Publishing and Media Consultants 
193 Brookwood Drive, Charlottesville VA 22902
Contact - Robert M. Sacks  917-566-7437

SUBSCRIBE -  If this free opt-in newsletter has been forwarded to you, and you wish to subscribe, simply go to