Eleven of Australia's best independent record labels have secured substantial funding thanks to Australia Council's Recording initiative.
The initiative looks to fund labels that have a strong track record as far as releasing and marketing quality recordings from Australian artists and the money is to be used to produce and release numerous recordings over a 12 month period. Labels get money, artists make releases, music lovers get records, everyone wins.
There was an increase in the budget allocated for this initiative this year, meaning that the Australia Council were able to fund 11 of the 37 labels that applied for the money this year. All up, they've approved $420,828 to be given out in amounts ranging from $25,000 to $50,000.
The labels who are in the money are as follows:
Chapter Music (VIC), $50,000
Future Classic Pty Ltd (NSW), $25,000
Head Records (VIC), $48,000
HopeStreet Recordings (VIC), $48,830
Mistletone Enterprises (VIC), $50,000
Rice Is Nice Records (NSW), $25,000
Split Records (NSW), $45,498
Stop Start Pty Ltd (NSW), $50,000
SugarRush (QLD), $28,500
Two Bright Lakes (VIC), $25,000
Wantok Musik Foundation (VIC), $25,000
The judging panel was made up of Lawrence English, Philip Mortlock and Mark Smith.
Article updated 6pm to reflect correct funding amounts for Wantok Music and Two Bright Lakes
