It looks like Metallica could be the next mega-group to ditch working with a major label.
In a recent interview with the Los Angeles Times at SXSW, drummer Lars Ulrich was extremely forthright.
When asked if Metallica needed a major label, Ulrich, despite being surrounded by Warner Music Group reps, said. "Without offending any of the good people from the record company in the room, no.
"Let's cut to the chase. The primary - not the only, but the primary - function of a record label is to act as a bank. When you're fortunate enough to be successful and so on, you don't need to rely on record companies as the banks."
