The band, made up of Hillary Scott, Charles Kelley and Dave Haywood, made the announcement Thursday on their social media.
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The statement says that they chose the name after the antebellum style home where they shot their first band photos, and it reminded them of Southern styles of music.
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Band members say in recent weeks, their eyes have been opened to "blindspots we didn't even know existed" and "the injustices, inequality and biases black women and men have always faced."