Systems and methods for controlling tension in a ribbon spooling assembly are provided. In one embodiment, the invention relates to a ribbon tension control assembly for maintaining substantially constant tension in a ribbon, the assembly including a payout core having a cylindrical shape, a first ribbon spool mounted on the payout core and attached thereto, a second ribbon spool mounted on the payout core, the second ribbon spool configured to move independent from the payout core, a takeup core configured to receive a ribbon from each of the first ribbon spool and second ribbon spool, and a load applicator configured to limit movement of the second ribbon spool.