Lotuspool Records
Lotuspool Records is an American independent record label formed in 1992 in Lawrence, Kansas by musicians Chris Garibaldi and Matt Hyde. The company was named after a horse Garibaldi and Hyde bet on when having a business meeting on the lawn of Arlington National Raceway. Lotuspool's stable of artists includes Zoom, Panel Donor, Bully Pulpit, Suneaters, and The Weightmen. In 2012, the year of Lotuspool's 20th anniversary, Lotuspool moved to change music distribution by offering all Lotuspool albums for free download and streaming.
History
Early years
On July 7, 1992, Lyons Township High School graduates, Chris Garibaldi and Matt Hyde went to Arlington National Raceway to discuss the prospect of starting a record label to release the music of their high school friend Mark Henning, frontman of the band, Zoom. With their remaining seven dollars, Garibaldi and Hyde placed a bet on the seventh horse in the seventh race. The horse, Lotuspool came in at 21 to 1 odds and the winnings funded an evening of steak, imported beer, and merriment. During the victory dinner, Hyde suggested the label be named after their equine benefactor. Garibaldi seconded the motion.That winter, Garibaldi and Hyde moved to Lawrence, Kansas to start the label and focus on the thriving local Lawrence music scene. Lotuspool then released a Zoom 7” and Zoom’s self-titled debut album. They ran Lotuspool headquarters from the farmhouse of a 238-acre farm, which was one of the largest dairy farms in Kansas back in the 1960s. The dairy facility and barn were both out of commission during the Lotuspool days, but the label put both structures for use during some of the recording sessions held on the farm.
Sole proprietorship
In 1994, it was apparent to both Garibaldi and Hyde that their respective interests related to Lotuspool were at different levels. The two amicably split leaving Garibaldi as the sole owner of Lotuspool.Hyde and Garibaldi continue to be close friends. Hyde is now the owner of 715, a Lawrence, Kansas restaurant with meat-centric cuisine and an upscale ambiance.