michael hagerty said:
The question I was respomding to was how Gaylord could continue to make so little from WSM...whether there were sister stations propping them up.
Whatever the model or the reasoning for having WSM, Gaylord earnings are down, and in two of its biggest resort/meeting markets, Dallas and DC, there is new competition and price pressure. A rash of stock downgrades has pushed the shares down, and earnings projections are just awful. At some point, Gaylord may have to look at non-performing assets and cash them in. WSM is not worth much, given its horrible 25-54 ratings and billings.
And the Opry broadcasts have gotten older than one of Minnie Pearl's hats.