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McClure & Trowbridge Publishing
P.O. Box 70403 Nashville USA 37207-0403
BMI Publisher - Harry Fox Agency (NMPA) Publisher Principal - NARAS
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[04 May 2001]
NASHVILLE, TENNESSEE (McClure & Trowbridge Publishing)
Trowbridge Publishing News Archives - http://TrowbridgePlanetEarth.com/T2/T2C1/T2C1Cat.html
"Gaylord - BMI - Insider News"
INSIDER GAYLORD NEWS
Today Gaylord Entertainment announced more insider news
following the recent resignation of Mr. Gaylord as CEO. Gaylord
Entertainment started controversial changes in Nashville's
bastions of country music in 1992, as layoffs of Grand Ole
Opry regulars were announced.
Layoffs included alumni of Hee Haw such as Roni Stoneman,
reigning queen of one of the royal families of country music,
and one of the last of the true first generation country music stars, the Stonemans.
Gaylord Entertainment continued shocking the country music
aristocracy, industry, and fans when they announced plans
to destroy Opryland Themepark and build a new shopping mall,
Opry Mills.
This move resulted in hundreds of permanent layoffs of Nashville
professional musicians who made their livings playing Opryland
each year, not to mention the termination of thousands of support jobs, and
the collapse of the Outlet Stores shopping mall next to the
extinguished Opryland Themepark.
Gaylord Entertainment built a new medium-rise corporate center
next to the new Opry Mills mall and moved in. They started
agressive growth programs in Internet startups and
diversified entertainment holding such as publishing,
production, and a record label.
Forecasting one year of losses when the new mall opened,
actual year 2000 losses were four times projections,
and Gaylord announced cutbacks and internal restructuring
early this year. They also layed off most of their work
force in the new corporate building on Briley Parkway.
Today we learned the Gaylord family quietly bought back
their original family holdings from Gaylord Entertainment
corporation, using their privately owned Oklahoma Publishing
company as a vehicle, before Mr. Gaylord resigned as CEO of
Gaylord Entertainment.
A new CEO and president
team (business friends from Las Vegas)
are on board at Gaylord Entertainment, following the
dissolution of failed holdings and ventures,
including their Internet experiments such as "Songs.com".
The record label never even got off the ground.
BMI NEWS
BMI (Broadcast Music, Inc.) announces it has signed alliances
with SACEM (France), GEMA (Germany), SIAE (Italy), and SGAE
(Spain). This means any of your works playing in these countries
have royalty earnings paid directly to you on your BMI check.
This BMI alliance is a consortium of European rights organizations
we are calling "FastTrack". FastTrack partners already represent
over 40% of all the music royalty income in the world, making
it the largest international copyright alliance by far.[BMI Message]
We are enthusiastic about this plan; our checks reflect SGAE and
SAIE plays. BMI is also collecting Internet royalties from 2000
licensed sites, and revenues are flowing smoothly in on BMI checks.
In other words, urge your record label to send your CD and songs to all
the Internet webcast sites.
McClure & Trowbridge Publishing works global markets aggressively.
We are forging new alliances and fostering growth throughout the
Americas and Australia as well as Europe and Southeast Asia.
BMI has signed agreements with more than nineteen performing
rights organizations, which together cover the vast majority
of the world's repertoire.[BMI Message]
Cordially,
George McClure, President
McClure & Trowbridge Publishing
Other links:
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[c. McClure & Trowbridge Publishing; 05/04/01]
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Last Updated 05/05/01
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