CHEYENNE, Wyo. — Upstart businessman Vance McCauley ambitiously numbered the first release of his new record label, Place/Value Records, as PVR-0001. Sources also confirmed that he did not want anyone to lend him money.
“We've got everything lined up. The first few thousand copies of this record are currently being printed, and if they sell out in the first week, we'll use that money to fund a second pressing and the next few releases,” McCauley said. Told. “Local favorites David and the Peak Time Bangers are set to release their debut LP. More than 30 people showed up for last Friday's show. The bar next door is “The Office'' trivia. It's an unusual number of people for a Friday night because most people in town come to see it. ”
Following the announcement, numerous Cheyenne musicians sent messages of support to McCauley.
“Yeah, I told him it was pretty cool that he was willing to spend the money,” said David Bridgers, frontman of David and the Peak Time Bangers. “I wish he would give me my money back, but for the most part I'm happy that I can listen to my band on record and give my mom a copy. But he gave me I don't know what to do with the remaining 70 copies. I was thinking of turning some of them into ashtrays and selling them on Etsy. But most of them end up at Goodwill. think.”
The enthusiasm shared by local communities has yet to be reflected in the international music industry.
“Emerging labels like this used to worry us,” said Alana Johns, head of labels at Universal Music Group. “As soon as we heard about new traces, we rushed to the war room. They were all immediate targets that we absolutely had to eradicate. I realized that all labels disappear within 45 days because they burn themselves out.”
As of this writing, Place/Value Records has already published a GoFundMe, which they started after making a “ridiculously and unexpectedly large” down payment on a pressing plant.