Zomba/BMG will distribute.

Gospel powerhouse Kirk Franklin is launching his own label, Fo Yo Soul Entertainment, Billboard.biz has learned.

Franklin has been with Gospo Centric, which was acquired last week by Zomba, for more than a decade. Zomba/BMG will distribute Fo Yo Soul. Franklin is the first signing to the new label, which is currently negotiating with other acts.

Carla Williams will be GM of the new company, which will be based in Dallas. Williams was most recently director of marketing at Nashville-based EMI Gospel, where she had been for four years. The Fo Yo Soul management team also includes Franklin's longtime manager Jessie Hurst as executive VP and attorney Kendall A. Minter as general counsel.

In addition to the label, Fo YoSoul Entertainment will encompass an advertising agency and a production company. FoYo Soul Productions will manage Franklin’s concerts and tour schedules, NuNation Ministries and Franklin’s speaking engagements in conjunction with the William Morris Agency.