July 3, 2008 14:04

Alan McGee: 'All record companies are rubbish'

Creation Records founder urges bands to go alone

Alan McGee – the man who signed Oasis to his record label, Creation – has advised new bands not to sign to any record labels, describing them all as "rubbish".

Speaking on an XFM documentary about Creation, set to air tonight (July 3) at 10pm (BST), McGee urged bands to go it alone.

"I'd recommend a band not to go to any record label, I think they're all fucking rubbish," he said. "You're better off doing it yourself. They're living in the past, it's like owning a tram company or something."

McGee famously signed Oasis in 1993 after witnessing a gig by the band in his native Glasgow.