Philo Records was founded in 1973 by half-brothers Michael Couture and Bill Schubart to record and distribute folk and traditional music. Over the course of its nine-year history, before its sale to Rounder Records in 1982, Philo produced roughly 100 albums of folk, traditional, and later, jazz, world, and new music from a converted barn-studio in North Ferrisburg, Vermont. Philo's allure to many established and emerging artists was its policy of giving them full control over their productions and repertoire.