Digital On-Demand has 38.6% ownership interest in Source Interlink

By Lisa Kerner

Charlotte, N.C., June 11 - Investors led by AEC Associates, LLC and Digital On-Demand, Inc. bought 2,525,000 shares of Source Interlink Cos., Inc. on June 9 and June 11 priced at $1.24 and $1.55 per share.

The transactions were reported in a schedule 13D filed with the Securities and Exchange Commission.

According to the filing, the investors beneficially own 20,210,568 shares or 38.6% of the Bonita Springs, Fla., entertainment products merchandising company.

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