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The 1980s music scene in the UK saw a growth in small independent record labels or "indies", often formed by bands themselves, or by local record shops. The cost of technology and studio time was falling, making it possible to produce an album for a budget that didn't need the backing of an established label. [ 4 ]
Red Rhino Records, also known as Red Rhino, was a British independent record label which was developed by the independent record shop and wholesaler of the same name, all formed and run by "Tony K" (Tony Kostrzewa) [1] and his wife Gerri. [2]
In the music industry, the Published Price to Dealer (PPD) is the wholesale unit price of a recorded work. It is often used in recording industry contracts as a basic figure for defining royalty shares. [1] [2] Compare Suggested Retail List Price (SRLP).
Last year, 6.1 million vinyl records were sold in Britain, the highest number since 1990, according to data from the British Phonographic Industry, an association of UK record companies and labels.
The current record store chains in the UK are HMV, Fopp, and Rough Trade. The enormous increase in sales of vinyl records in the 2000s has provided an opportunity for growth in some sectors. According to a recent study, Brighton, England has the highest number of record stores per 100,000 residents in the world. [citation needed]
It specializes in trading vinyl records with an emphasis on rare collectable records such as first pressings and hard to find releases. It also stocks new contemporary vinyl and has hosted live performances by Thurston Moore (Sonic Youth) as well as UK bands such as Mazes, Fair Ohs, Dead Coast, Virgin Kids, Veronica Falls and Shopping.
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