Hopeful Tragedy Records is a 2007 formed Quebec-based Record label founded by Your Favorite Enemies.
The label was founded for promoting their first EP called And If I Was To Die In The Morning… Would I Still Be Sleeping With You which was released on 1 June 2007. Since then, the label has signed many artists, most of them from the underground EDM scene in Montreal.
In 2010, the label turned a former Catholic church on the outskirts of Montreal into a professional recording studio. Now The Upper Studio Room, it operates as a small recording studio, merch factory, and vinyl plant.
The studio has been used to record many albums, including the Juno-nominated album Between Illness and Migration by Your Favourite Enemies, the top-charting Windows in the Sky by Alex Henry Foster. It has also been used as a broadcast studio and hosted the 2021 Canadian Music Week.