Original sentence: Psychout Records is an independent record label founded by Nicke Andersson primarily to realese material with his band The Hellacopters.While the label mostly has been used for Hellacopters releases other artist such as The Robots who released a tribute single to the swedish Formula 1 driver Ronnie Peterson  as well as the Neil Leyton, Dregen and Nicke Anderssons collaboration The Point
Edited sentence: Psychout Records is an independent record label founded by Nicke Andersson primarily to release material with his band The Hellacopters.While the label mostly has been used for Hellacopters releases other artist such as The Robots who released a tribute single to the Swedish Formula One driver Ronnie Peterson, as well as the Neil Leyton, Dregen and Nicke Anderssons collaboration The Point