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GlobeNewswire·

Ryman Hospitality Properties, Inc. Addresses Recent Media Reports Regarding Opry Entertainment Group

  • Ryman Hospitality Properties Inc. addressed media reports regarding its Opry Entertainment Group (OEG) business on June 24, 2026.
  • Executive Chairman Colin Reed stated the company remains proud of OEG & intends to enable its operation outside the REIT structure for long-term growth.
  • The company has engaged Morgan Stanley & Co. LLC to evaluate potential strategic partnerships due to rising global interest in country music.
  • Ryman confirmed it has not entered into any agreements & no transaction is assured to occur.
  • Ryman expects to play an integral role in OEG's continued growth regardless of any potential partnership outcomes.
  • OEG includes iconic brands such as the Grand Ole Opry, Ryman Auditorium, WSM 650 AM, Ole Red, Block 21, & Southern Entertainment.
  • Ryman Hospitality Properties owns five of the top seven largest non-gaming convention center hotels in the U.S. & manages a portfolio of 12,364 rooms.
  • The company holds an approximate 70% controlling interest in OEG, which operates as a taxable REIT subsidiary.
  • Forward-looking statements in the release are subject to risks regarding economic conditions & potential changes that could limit capitalization on opportunities.