Sony Will Buy Acuff-Rose

Country music’s most famous song catalog is changing hands. Gaylord Entertainment Co. will sell Acuff-Rose Music Publishing, Nashville’s first country music publishing company and home to Hank Williams’ songs, to Sony/ATV Music Publishing for $157 million. Acuff-Rose was founded in 1942 by Roy Acuff and Nashville songwriter Fred Rose. Williams began publishing songs through the company in 1946 and signed an exclusive writers’contract in 1948. In addition to Williams’ hits such as “Your Cheatin’ Heart,” the company’s holdings include many standards, among them “Tennessee Waltz,” Chattanooga Shoe Shine Boy” and “Oh Pretty Woman.” The Everly Brothers, Marty Robbins, Roy Orbison and Kenny Chesney are among the songwriting artists who have been affiliated with the company. Gaylord bought Acuff-Rose in 1985. Expected to close in August, the deal also includes three Music Row buildings. 07/02/02