The document discusses various record labels including independent labels like 4AD and Matador Records as well as major labels like Universal Music Group, Atlantic Records, and Virgin EMI Records. It then describes why the group chose Atlantic Records as the label for their hypothetical artist "Jack Avery" based on its roster of artists like Ed Sheeran and Charlie Puth that have achieved star status with an "indie" image and reach the target 16-26 age and gender demographics.