The Prodigy establish own label, announce new album

Always fiercely independent, the legendary U.K. formation The Prodigy has established its own label, Ragged Flag, which will handle the band's next, yet untitled album, a follow-up to Always Outnumbered, Never Outgunned (2004), as well as all future projects.

"We have been planning this for a while and we are looking forward to building our label up, starting off with the release of the new Prodigy album," the band's founder and frontman Liam Howlett told Billboard.

Backed by U.K. independent imprint Cooking Vinyl, Ragged Flag will also subsequently act as an outlet for new talent that they find. "The Prodigy are one of the most relevant bands to today’s world. “It is a real honor to be entrusted with handling affairs for Ragged Flag. This is a fantastic start to 2007, and it is the start of a new era for Cooking Vinyl,"” comments Cooking Vinyl’'s Managing Director Martin Goldschmidt.

The new deal also sees the band parting ways and ending its long-running relationship with XL Recordings, the label that released some of the band's most memorable releases, including the 1993 rave classic "Charly" and legendary albums Experience and 1997's top selling The Fat Of The Land.