Last Night From Glasgow was set up with one simple objective, support fledgling artists by funding the production, marketing and distribution of their music, whilst promoting them and guaranteeing a revenue stream. Granted that’s a few objectives but they all roll into one big concept and that big concept could be called “Doing It Differently”. The resurgence in vinyl sales combined with our funding model enables us to create a unique record label. And lets be honest, what band doesn’t still dream of releasing a beautiful 12″ slab of vinyl?
Nowadays, not only is it incredibly difficult for young artists and new bands to get noticed, it’s almost impossible for them to make any money doing what they love. The economics of the record industry can make it difficult for traditional record labels to take risks, both in signing new and unproven artists and investing in their long term success. Furthermore, artists rarely have the money to release physical recordings themselves.
At LNFG all directors work for nothing, We guarantee returns for our artists and promise to invest any returns we garner back into our existing artists and new ventures.
By providing a membership base, We can cover all costs up front and then return the lions share of all retail revenue to a band. The model is simple LNFG pay all production and distribution, we market, provide PR and run a retail operation on behalf of our artists, guaranteeing a minimum return of 75% of all retail sales. So for example if we were to sell 200 albums at a price of £15 and artist would stand to earn 75% of £3000 = £2250 with all cost being borne by LNFG. 100% of all sales above 200 would be provided to the artist.
We have very few expectations. It goes without saying we would expect the band/artist to become a patron of the label, engage within our community, supporting other bands signed to the label, interact with our members and perform one launch event for your album, ep or single. LNFG Members would be entitled to attend this one launch event but all revenue from ticket sales would be given straight to the band/artist.
We also wrote an article, “LNFG’s Guide To Starting Out In A Band“, which you may find interesting.
Please note that as of September 2019, and until further notice, we cannot consider any new artist submissions. Our roster is now set for 2020 and our release schedule is confirmed until mid 2021. We will re-open submissions in Summer 2020. We apologise if this is disappointing, alas we are victims of our own success.