CMT News

Toby Keith's new business with veteran Nashville record executive Scott Borchetta will include two labels, one headed by Keith and one by Borchetta, Billboard reports. Keith is to announce details, including the name of his label, during a Wednesday (Aug. 31) press conference in Nashville. However, Borchetta confirmed that his imprint, Big Machine Records, has already signed singer-songwriter Jack Ingram and will release his first album for the label in November. Other signings to Big Machine include two other singer-songwriters -- Danielle Peck and Taylor Swift. Keith also told Billboard he has signed a three-picture deal with Paramount Pictures and will start filming his acting debut in October in Tennessee or Georgia.