In late 2002, BMG completed the purchase of the Zomba Group for US$2.74 billion and as a part of that deal, acquired the gospel label Verity Records.
The new group consisted of Verity Records, GospoCentric Records and four artist owned imprints: Quiet Water Entertainment (Donald Lawrence), Fo Yo Soul Entertainment (Kirk Franklin), New Life Records (John P. Kee) and F. Hammond Music (Fred Hammond).
[4] Since Bertelsmann kept the BMG name, Sony renamed the BMG Label Group to RCA/Jive Label Group in early 2009[5] and began the process of rebranding Zomba as the Jive Label Group.
[6][7] In another move to eschew the Zomba name, Zomba Gospel was rebranded as Verity Gospel Music Group, taking its name from their flagship label.
[8] Over a year after Jive disbanded in mid 2011, RCA Inspiration became the name for Verity Gospel Music Group by early 2013.