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Steve Ford, general manager of Centricity Music, announced today the launch of the company’s new label, Residence Music. The record company has named industry veteran, Andrew Lambeth, as Director of Artist Development, as he will oversee the A&R and marketing for the label’s artists. Residence Music will be a general market label that is geared towards mainstream genres of music, with their first artist signing to be announced early August and the first project to be released October 2015. Caroline Distribution, a division of Universal Music, will handle all retail and online music distribution to the marketplace.