24 Hour Party People is a 2002 British comedy-drama film about Manchester's popular music community from 1976 to 1992, and specifically about Factory Records. It was written by Frank Cottrell Boyce and directed by Michael Winterbottom. The film was entered into the 2002 Cannes Film Festival. It received positive reviews. Wikipedia
Tony Wilson: Factory Records are not actually a company. We are an experiment in human nature. You're labouring under the misapprehension that we actually have a deal with, er, with our, our bands. That we have any kind of a contract, er, at all, and I'm afraid we, er, we don't because that's, er, that's the sum total of the paperwork to do with Factory Records, deal with, er, their various bands.