Gaylord Entertainment Company

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Gaylord Entertainment Company
Type Public (NYSEGET)
Founded 1925
Founder(s) Edward Gaylord
Headquarters Nashville, Tennessee, U.S.
Key people Colin Reed (CEO)
Revenue increase US$747,723,000 (2007)
Operating income decrease US$43,182,000 (2007)
Net income increase US$111,911,000 (2007)
Total assets decrease US$2,336,867,000 (2007)
Total equity increase US$941,492,000 (2007)
Subsidiaries Gaylord Hotels
Website http://www.gaylordentertainment.com/

The Gaylord Entertainment Company (NYSEGET) operates a number of hotel, resort, and media companies that were built by Edward Gaylord. It was previously a subsidiary of the Oklahoma City-based Oklahoma Publishing Company, which is owned by the Gaylord family and publishes the Daily Oklahoman newspaper. Robert Rowling, the Texas billionaire who owns TRT Holdings, bought 14 percent of Gaylord stock in early 2008.[1] Later that year, Gaylord rejected Rowling's bid to increase TRT's stake to 30 percent, saying there would be no benefit to the company and also noting TRT's potential conflict of interest, since TRT owns the Omni Hotel chain, which competes with Gaylord for conference and convention business.[2]

Facilities owned include:

Previously owned properties include:

In 1999, Gaylord Entertainment purchased the naming rights to the major downtown arena in Nashville (home of the Nashville Predators). The agreement was terminated in 2005, but the Gaylord Entertainment Center name remained on the building until March 16, 2007. The facility is now known as Bridgestone Arena.

Gaylord Entertainment also produced the long-running comedy/variety series Hee Haw (initially out of the studios of WTVF in Nashville) and distributed the program over their television stations and in syndication.

[edit] Television stations owned by Gaylord

  • Gaylord, while it was a subsidiary of Oklahoma Publishing Company, owned several television stations (see below):
Current DMA# Market Station Years Owned Current Affiliation/Owner
5. Fort Worth - Dallas KTVT 11 1971-99 CBS owned-and-operated (O&O)
10. Houston KHTV 39**
(now KIAH)
1967-95 CW affiliate owned by Tribune Company
13. Tampa - St. Petersburg WTVT 13 1956-87 Fox owned-and-operated (O&O)
14. Tacoma - Seattle KSTW 11 1974-97 CW affiliate owned by CBS
17. Lorain - Cleveland WUAB 43 1977-89 MyNetworkTV affiliate owned by Raycom Media
18. Denver KLZ-TV 7**
(now KMGH-TV)
1953-54 ABC affiliate owned by E. W. Scripps Company
34. Milwaukee WVTV 18 1966-96 CW affiliate owned by Sinclair Broadcast Group
45. Oklahoma City WKY-TV 4**
(now KFOR-TV)
1949-77 NBC affiliate owned by Local TV
53. New Orleans WVUE 8 1977-87 Fox affiliate owned by Louisiana Media Company
118. Montgomery - Selma, AL WSFA 12 1955-59 NBC affiliate owned by Raycom Media

Note: ** indicates a station built and signed on by Gaylord.

[edit] References

  1. ^ [1],"Robert Rowling is the billionaire Dallas doesn't know", August 24, 2008, accessed August 29, 2010
  2. ^ [2]|"Gaylord rejects Omni owner's proposal", December 3, 2008, accessed August 29, 2010


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