Ryman Hospitality Hires Morgan Stanley to Evaluate Sale of Grand Ole Opry and Ryman Auditorium
By
Melinda Newman
Summary
Ryman Hospitality Properties has hired Morgan Stanley to evaluate potential offers for a portion of its Opry Entertainment Group (OEG), which includes the iconic Grand Ole Opry House and the historic Ryman Auditorium in Nashville. The Opry is celebrating its 100th anniversary, and the potential sale represents a significant shift for one of country music's most legendary institutions. The article discusses the financial motivations behind the potential sale and the cultural significance of the venues.
Source
Twitter / XRyman Hospitality Hires Morgan Stanley to Evaluate Sale of Grand Ole Opry and Ryman Auditoriumbillboard.comKey quotes
· 3 pulledA general view of atmosphere during his Public Celebration of Life of Little Jimmy Dickens at The Grand Ole Opry on January 8, 2015 in Nashville, Tennessee.
Ryman Hospitality Properties (RHP) has engaged Morgan Stanley to evaluate potential offers in purchasing a portion of its Opry Entertainment Group (OEG), which includes flagship venue The Grand Ole Opry House and the Opry's original Nashville home, the Ryman Auditorium.
The Opry is celebrating its
You might also wanna read
Johnny Cash, Ace Frehley, and Kirk Hammett Guitars Head to Julien's Music Icons Auction
Auction house Julien's is selling 650 music memorabilia items as part of its Music Icons series in New York City on May 29-30. Notable items
Rolling Stone·1mo ago
Grand Ole Opry Announcer and WSM Host Bill Cody Dies at 67
Bill Cody, the beloved Country Radio Hall of Famer known for his decades-long roles as a Grand Ole Opry announcer and WSM morning show host,
Variety·14d ago
Readers debate BIG's metal-pipe facade for Nashville Performing Arts Center
This article covers reader reactions and comments about BIG's (Bjarke Ingels Group) design for the Tennessee Performing Arts Center in Nashv
Dezeen·2mo ago
Barry Diller's People Inc. Proposes $18 Billion Acquisition of MGM Resorts
Barry Diller's People Inc. (formerly IAC) has submitted a non-binding proposal to acquire the remaining shares of MGM Resorts International
Deadline·23d ago
Universal Music Repurchases $290.5 Million in Shares from Bill Ackman's Pershing Square After Rejected Takeover
Universal Music Group is repurchasing over 14.2 million shares from Bill Ackman's Pershing Square for approximately $290.5 million (€250 mil
Variety·20d ago
Max Martin and Shellback Sell Publishing Catalog to HarbourView in Nine-Figure Deal
Investment firm HarbourView Equity Partners has acquired the publisher's share of select compositions from the Wolf Cousins collective, foun
Variety·10h agoMax Martin and Shellback Sell Publishing Catalog to HarbourView in Nine-Figure Deal
Investment firm HarbourView Equity Partners has acquired the publisher's share of select compositions from the Wolf Cousins collective, foun
variety.com·10h agoComments
Sign in to join the conversation.
No comments yet. Be the first.