Record labels help develop and promote new artists, and protect artists' copyrights. There are two main types: major labels have more funding and resources, while independent labels have less funding but more creative freedom. The document discusses how an independent label called Glassnote Records would be a good fit for the artist Chvrches, as they release synthpop/indie rock music like bands previously signed to Glassnote. It also covers copyright and how the creator needs permission to use other artists' music, even for non-commercial uses. The creator plans to apply this knowledge by creating their own hypothetical record label called Be Unique Records, which would sign bands across many genres including synthpop.