Independent record labels are small music companies that produce and promote artists without the backing of major record labels. They often focus on niche genres and provide more creative freedom to musicians. This allows artists to maintain control over their music and branding. These labels typically operate on a smaller scale and may have limited budgets compared to major labels. However, they can foster strong relationships with their artists and often prioritize artistic integrity over commercial success. Many well-known artists, such as Radiohead and Chance the Rapper, have started their careers with independent labels.