I'm leaving my job in the next couple of months, and one of the things I'm going to do with the payoff is set up a new record label! Obviously Factory has had a major influence on my life, so I won't be making the same mistakes they did of signing shite :)
What I am going to do though is suggest that anyone who would be interested in having their band release records through this new label, please let me know. The basic deal will be that once we've agreed on the songs to be released, you arrange and pay for the production of the music, I pay for the marketing, publicity and distribution, and the sales revenue is split 50/50 (subject to my business plan advising otherwise, but you get the general gist).
The club nights will start around the same time.......
Any investors or interested parties, let me know!