Nashville Rumor: Toby Keith and Tim McGraw Head New Labels

Former MCA and Dreamworks exec Scott Borchetta has been putting money and people together and everyone has been (more than) speculating that their owner will emerge as Toby Keith once his current deal ends (soon).

Now, Neil Haislop reports:

BIG DEAL RUMBLINGS – McGRAW’S OWN LABEL? – SOUNDTRACK DEAL?
Tim McGraw has grown exponentially in the last few years, into superstar singer, award-winning record producer, ratings winning star of TV specials and now critically acclaimed Hollywood actor. None of this has gone unnoticed by higher entertainment industry powers. WORD IS that Tim is in serious negotiations with the producers of his upcoming film “My Friend Flicka” for Tim to do the soundtrack album along with The Warren Brothers and other’s in the Tim McGraw family.

EVEN MORE POTENTIALLY EARTH SHAKING
There is also speculation as to Tim having his own label (in concert with a major). McGraw has reportedly been approached by every label to form his own imprint. Unlike others that want to do their own thing, word is this is a serious proposition that goes far beyond a vanity label most artists form.

According to the Grand Rapids Press, Thursday night Tim McGraw and the Dancehall Doctors broke the Ionia Free Fair’s grandstand record drawing 11,000 fans. The paper delivered a rave review of the show pointing out his biggest hits went over huge with this crowd. Perhaps the most memorable moment came when Tim offered up “Live Like You Were Dying.”

They write, “For pure dynamism, though, nothing touched McGraw's No. 1 smash hit, "Live Like You Were Dying." Lights shone on the fans as they raised their hands and swayed, singing their hearts out to lyrics that seem to mean so much to so many. When McGraw pulled up two children, both cancer patients, and serenaded them tenderly, there wasn't a dry eye in Ionia.”

MORE: Team McGraw: Star and his band work 'together to be the best'