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After only a year, Carolwood Records is closing its door. Love and Theft and Trent Tomlinson will move over to label Lyric Street, while Jessica Andrews has not yet found a new home.

Lyric Street's President Randy Goodman said: “I am very optimistic that this newly organized, aggregated Team will bring new focus and energy to our entire staff and roster and thus have great expectations that they will be the catalyst for resetting us towards better serving our Artists and Radio partners while achieving our cost goals.”

The Lyrics Street roster also includes, among others, Rascal Flatts, SHeDAISYBucky Covington, Sarah Buxton and Kevin Fowler.

[via That Nashville Sound]



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