The 1976 album "Fantasy of Horses" marked a shift in Rainbow Theatre's sound, incorporating more structured songwriting alongside their signature psychedelic elements. It was their only release on the Aztec Music label.
- "Fantasy of Horses" was recorded at the Sydney Recording Studios over three weeks in early 1976.
- The album reached number 42 on the Australian Kent Music Report chart.
- The cover art was created by Melbourne-based artist Robert Smithson, known for his abstract expressionist style.
Rainbow Theatre was a psychedelic rock band from Sydney, Australia. They were active in the early 1970s and known for their live performances.
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