Australian singer/songwriter Ross Ryan’s debut album Homemovies (1972) was recorded independently at Channel Nine’s studios in Perth, for a total cost of only $500 (Ross worked as a sound engineer for STW-9 so he had the contacts).
Ross distributed copies among his friends, and the LP finally came to the attention of Perth radio station 6PM, and manager Al Maricic.
In 1973, Ross recorded a song called I Am Pegasus (allegedly inspired by an air hostess he once met). The single was released in November and went on to be his biggest hit. In 1974 Ross was presented with a gold record for Pegasus by then-Prime Minister, Gough Whitlam.