Gaylord Entertainment Company and Thomas Nelson Inc. announced Nov. 21 that Gaylord has signed an agreement to purchase the Nashville-based Word Records and Music from Thomas Nelson. The $110 million sale is expected to be finalized in early 1997. Word Records and Music includes nine record labels with such artists as Amy Grant, Sandi Patty, Point of Grace and Petra. Gaylord owns the 24-hour-a-day Christian music video cable network Z Music Television and the Grand Ole Opry.--
EPNS
After a local video rental store defaulted on its lease for space in the Trailwood Shopping Center in Grand Prairie, Tex., Woodcrest Management Company, which owns the mall, received the inventory of the store as part of the court settlement. Managers said they were surprised to learn that the space they leased out as a neighbourhood video store had 2,500 pornographic videos in stock. Instead of selling the tapes to recover some of its losses, Jim Ryffel, president of Woodcrest, drove a one-ton steamroller over the videos. Ryffel urged cities to enforce zoning codes to keep pornography out of neighbourhoods. After the videos were destroyed, a local disposal company and landfill took the material, waiving their normal fee.--
EPNS