Brian Payne to Leave Gaylord Entertainment.Business Editors NASHVILLE Nashville, city (1990 pop. 487,969), state capital, coextensive with Davidson co., central Tenn., on the Cumberland River, in a fertile farm area; inc. as a city 1806, merged with Davidson co. 1963. , Tenn.--(BUSINESS WIRE)--March 2, 2001 Gaylord Entertainment Company Gaylord Entertainment Company (NYSE: GET) operates a number of hotel, resort, and media companies. Facilities owned include:
See: New York Stock Exchange : GET) today announced that executive Brian Payne is leaving the company to pursue other business interests. He will continue his association with the company through projects with the company's music, media and entertainment group. Payne previously was president of Gaylord Entertainment's interactive media group, which contained the company's international cable television, radio and Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the businesses. The company has exited its Internet initiative called Gaylord Digital and placed its cable television and radio businesses in the newly created music, media and entertainment group. "Since joining us in the corporate finance group in 1996, Brian has been involved in many of the company's major projects of the last several years. Among them were the acquisition of Word Entertainment, the partnership with the Mills Corporation The Mills Corporation was a publicly traded real estate investment trust headquartered in Chevy Chase, Maryland, United States, acquired on April 3, 2007 by an investment group comprised of Simon Property Group and Farallon Capital Management. that created Opry Mills Opry Mills is a shopping mall owned by Simon Property Group, formerly by its initial developer Mills Corporation. It was constructed in Nashville, Tennessee in 2000 on the former site of the Opryland USA theme park, outside the home of the Grand Ole Opry. and the creation of the Opryland Hotel Florida," said Carl Kornmeyer, president of the music, media and entertainment group. Under Payne's leadership, Kornmeyer noted, Country Music Television International re-branded itself as MusicCountry and increased its subscriber count 39 percent from 6.1 million to 8.5 million in the past year; and WSM-AM celebrated its 75th anniversary and began reaching worldwide audiences via the Internet, and WWTN-FM became the leading news/sports/talk station in the Nashville market. "When we decided to exit Gaylord Digital, Brian was central to the transactions that sold Musicforce.com to Christian Book Distributors and sold Lightsource.com to LifeAudio.com. He has been involved in a great many endeavors, and we look forward to his consulting with us on others in the future," said Gaylord Entertainment president Dennis J. Sullivan. "I have enjoyed working with the truly talented people at Gaylord Entertainment," Payne said, "and I am proud of the progress we have made. I know the foundation is in place for future success." Gaylord Entertainment (NYSE: GET) is a diversified diversified (di·verˑ·s entertainment company headquartered in Nashville. Its businesses operate in two groups: hospitality and attractions, and music, media and entertainment. |
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