History
President Randy Goodman, formerly a general manager for RCA Records, founded the label in 1997. Among its first signees were SHeDAISY, Lari White, John Berry, and Aaron Tippin.
Rascal Flatts debuted with Lyric Street in 2000 with the single, "Prayin' for Daylight" and soon replaced SheDAISY as the company's flagship act. In December 2006, Lyric Street signed Bucky Covington, an American Idol finalist.
The label launched a subsidiary label, Carolwood Records, in October 2008. Jessica Andrews was the first artist signed to this subsidiary label, followed by Trent Tomlinson (who was formerly signed to Lyric Street proper) and Love and Theft. Carolwood was shuttered in November 2009, with most of its staff being transferred back to Lyric Street. Love and Theft, Ruby Summer, and The Parks were moved to Lyric Street proper, and Tomlinson returned to it.
On April 14, 2010, Disney Music Group announced the closure of the Lyric Street label. This announcement also stated that Bucky Covington, Kevin Fowler, Tyler Dickerson, and Rascal Flatts would be transferred to other branches of Disney Music Group. Sarah Buxton, Love and Theft (a trio) and the Parks (a father-son duo) were dropped altogether with the closure of Lyric. By August, Rascal Flatts had transferred to Big Machine Records.
Read more about this topic: Lyric Street Records
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