Background
Faust's previous record label was Polydor Germany, and when they complained that Faust's second album Faust So Far (1972) was not commercial enough, Faust's producer, Uwe Nettelbeck signed the band up with Virgin Records in London. Part of the deal between Nettelbeck and Virgin was that he would give Virgin the tapes he had of the music Faust had been working on since So Far "for nothing" and that Virgin would release a record priced as low as possible. The result was The Faust Tapes, a full length album, which sold at 49 pence.
Read more about this topic: The Faust Tapes
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