Capitol forms new label, signs Troy Olsen

Olsen's debut is slated for released later this year. He is from Arizona originally where he had a solo career going. He released a honky tonk album, "Living In Your World," in 2002. He moved to Nashville in 2003 and wrote songs recorded by Blake Shelton and Tim McGraw.

"Establishing EMI Records Nashville is part of our growth strategy and a way to provide artists a terrific creative home and a top notch, dedicated team to help build their careers," said Mike Dungan, President and CEO of Capitol Nashville. "We couldn't be more pleased to have an artist as unique and groundbreaking as Troy christen the roster of EMI Records Nashville. This demonstrates our commitment to and investment in the country genre. Fasten your seatbelt, because we have a lot more in store for fans and our partners in retail and radio."

"I dreamed of having a record deal from the first time I picked up a guitar," said Olsen. "To now have that dream come true with the best team in Nashville and with the legendary significance of EMI, is more than I could have imagined."