April 14, 2010 – Lyric Street Records Officially Closes
“The Lyric Street team has had an amazing run, building a slate of well-known artists including the superstar act, Rascal Flatts.” – Chairman of Disney Music Group, Bob Cavallo
On April 14, 2010, the Disney-owned country record label Lyric Street Records officially closed its operations. The label opened in 1997, with sister label Carolwood being created in 2008. Both labels were closed as part of Disney’s streamlined priorities, and executives were actively looking for new labels for their big artists, such as Rascal Flatts and Bucky Covington.