McGee, who was also the boss of Creation and Poptones Records spoke to XFM saying: "I'd recommend a band not to go to any record label, I think they're all f**king rubbish.
"You're better off doing it yourself. They're living in the past, it's like owning a tram company or something." - more on this story
Preview and Purchase Oasis CDs
Live: Heart and Cheap Trick Rock Tampa
On the Blue: New Horizons Cruise Days 4 & 5: Starship Lands on the Pearl, Alan Parsons Takes It Home
Kandace Springs - Run Your Race
On the Blue: New Horizons Cruise Day 1: Marbin Gets the Fun Started
The Dead Daisies Preview 'Light 'Em Up'
Def Leppard Celebrate Pyromania's 40th Anniversary
Billy Idol Shares Previously Unreleased Song From Rebel Yell Sessions
KISS Classic 'I Was Made For Lovin' You' Gets Yungblud Makeover For The Fall Guy
Neil Young With Crazy Horse Deliver 'Fu**In' Up'
Alice Cooper Expands 'Breadcrumbs'
Pet Shop Boys Release New Album 'Nonetheless'
Southtowne Lanes 'Find Your God' With New Single