secondchoice said:I didn’t know financial angle, but when TNN and CMT were sold to CBS / Viacom it had to hurt The Opry.
That's a big subject. The more fundamental change really happened when Gaylord went from being a media company with a hotel to being a hotel company. To look at all the media (newspapers, radio, TV, and cable) they once owned is amazing, all from the Daily Oklahoman. And THEN buying the Nashville empire from National Life Insurance.
The loss of TNN hurt the amazing synergy that had been created among the Opry, WSM, Opryland Theme Park, Opryland Hotel, and TNN. I once had a chance to hear Bud Wendell tell the story, and how the vision for Opryland was simply to build a motel (pronounced MO-tel) for the Opry fans to spend the night. That's all it was supposed to be. Then they built the theme park to entertain them during the week when the Opry was closed. They were able to attract tourism to the whole place through TNN and WSM. I felt like once they began taking that amazing empire apart, it was going to be difficult for the Opry to survive as it once was. There are a lot of people who don't like media concentration, and encourage the government to enact laws to prevent it. But in the hands of the right people, media concentration can be a good thing, as evidenced by what was once done in Nashville with WSM.