The document discusses the differences between indie and major record labels by comparing the boy bands One Direction and Lanterns On The Lake. One Direction is signed to Syco/Columbia, major labels that provide significant funding for production, promotion, and styling. In contrast, Lanterns On The Lake is signed with independent label Bella Union and has a smaller budget, relying more on the internet to promote their authentic music. Major labels can reach a global audience but may pressure artists, while indie labels give more control but make audience reach more difficult.