Record label Word Entertainment have released chairman Malcolm Mimms after record sales dramatically dropped.
AMERICAN record label Word Entertainment have addressed their reported alarming drop in sales by appointing a new director. Industry veteran Jim Van Hook, has signed a multiyear contract as chairman of Word Entertainment to replace Malcolm Mimms, whom Word let go after worship music company Integrity Music severed its longtime relationship with US Word to partner with Provident Distribution. Part of Van Hook's challenge as new chairman will be to slow down what seems to be a downward spiral at the label. According to an article in The Tennessean, the loss of Integrity Music took Word's market share from about 28 per cent of Christian music sales in the USA to 15 per cent.
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