The band began publishing a monthly series of 23 live albums in 1986, but stopped without explanation after only 17. The tenth, a picture disk most commonly referred to as Album 10, could only be obtained by submitting tokens contained in each of the previous nine releases. The band subsequently earned an entry in the Guinness Book of World Records for most records released in one year.
Contributors to Psychic TV have included artists such as Coil, Current 93, Hafler Trio, The Cult, White Stains, Soft Cell, Fred Giannelli, XKP, Master Musicians of Jajouka, Matthew Best, Daniel Simon Black, Bill Breeze, Hilmar Orn Hilmarsson, Derek Jarman, John Gosling, Timothy Leary, Rose McDowall, Stephen Kent, Vagina Dentata Organ, Andrew Weatherall, Larry Thrasher, Z'EV, Zef Noi$e, and many others.
Thee Temple ov Psychick Youth (aka T.O.P.Y.), was formed as an organisation at the same time as the band. T.O.P.Y. was intended to be the philosophical wing of Psychic TV, but also presented an image of being a cult-like fanclub for the group. P-Orridge left it in 1991.
Psychic TV released early albums of acid house music in (1988) as fake compilations, such as Jack The Tab and Tekno Acid Beat. After breaking up in 1999, Psychic TV reformed as PTV3 with a new line-up in 2003.
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