Right now my fave record label has to be Stones Throw. They consistently put out great music (hip hop, funk, beats) and have a great attitude embracing digital culture. Their podcast is a perfect example. Each month they put up a new DJ mix for download and they put most commercial mixtapes to shame. If you're a fan, then wander over to here and subscribe and grab other free downloads.
I'm also hyped for the Percee P long player - this track below is too much!