Hopeless Records is an independent record label located in Van Nuys, Los Angeles, California. The label was started in 1993 by Louis Posen and financed by a group of private investors. Hopeless's artists are generally considered punk rock, emo, or indie.
The label's "charitable arm," Sub City Records, participates in a number of benefit tours such as the Take Action Tour. Each year Hopeless/Sub City releases a benefit compilation Take Action! which is a multidisc compilation of punk and other independent bands. The CD release usually coincides with the annual Take Action Tour.
Hopeless also owns downloadpunk.com, a music downloading site that offers songs and albums in DRM-free, 192-kbps MP3 format.