Grand Ole Peacock: Investment company Atairos and NBCUniversal have purchased a 30% stake (valued at approximately $293 million) of Ryman Hospitality's Opry Entertainment Group, which owns the Grand Ole Opry, the Ryman Auditorium, WSM-AM/Nashville, 50% of the TV channel Circle and more than 11,000 hours of archived Opry content. "We view this partnership as a significant opportunity to strengthen these beloved institutions and cement their influence on American music culture," says Ryman CEO Colin Reed. "We remain focused on creating sustainable long-term value for our shareholders as we seek new ways to connect artists and fans through one-of-a-kind experiences.” With its stake in WSM-AM, the sale marks a return of sorts to radio for NBC, which as part of General Electric sold the last of its radio assets in 1988. Full transaction details here.