Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. XL Recordings is an independent record label which was launched by Tim Palmer, Nick Halkes and Richard Russell with Beggars Banquet Records in 1989 to release its rave and dance music. The label has grown into one of the most commercially successful and influential independent record labels in the world. Originally the label was an offshoot of Beggars'' more commercial dance label called Citybeat which was known for records by acts such as Freeez, Starlight, Dream Frequency and the Ultramagnetic MCs. However with the success of acts such as The Prodigy and SL2, XL superseded Citybeat in the company''s line up.