• The Tennessean, Thursday, April 15, 2010 11:38 PM

The Walt Disney Co. is shuttering Lyric Street Records label on Music Row in Nashville. The label, which opened in 1997, is home to major country music acts like Rascal Flatts, which will move to another Disney record label for now, although its long-term home is uncertain.

Disney Music Group informed the Nashville-based label's 25 employees of its plans Wednesday. A casualty of the changing fortunes of the music business, the company is searching for alternative ways to create and sell new artists' music as Disney's overall corporation streamlines its far-flung entertainment empire.

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