Black Diamond Records, a brand new label imprint for Warner Music UK, will serve as a development hub for the most exciting new artists in the market, according to label head David Olusegun.

The label, which was originally launched by Olusegun and co-founder Derek Edmund Ojofeitimi, has joined the Warner group after partnering with Atlantic Records UK on the signing of rising star Mullally.

After discussions with Atlantic chairman and CEO Ben Cook and Warner Music UK chairman and CEO ...