Releases under new agreement slated for July 27.

BMG-owned Provident Music Distribution has signed a deal to distribute Traditional Records, the exclusive licensee for all music related product associated with the popular Precious Moments brand.

The first releases under the new agreement will hit stores July 27. Precious Moments compilations "Loving, Caring and Sharing" and "Precious Lullabies" will feature 16 cuts by Christian acts like Michael W. Smith, Steven Curtis Chapman, Amy Grant and Point of Grace.