Chris Blackwell, founder of Island Records, has admitted he was not a fan of U2 when he first saw them live in a London pub.
 
 The label boss was reminiscing in a wide-ranging interview with US radio  network NPR’s show ‘Weekend Edition’ on Saturday  Blackwell said: “I didn’t love the music. It was a little rinky-dink, but I believed in them.” 
 
 Thankfully for the Irish group, Blackwell followed with his instinct and  signed them, sticking with them through some lean times until they  secured global fame. Nowadays, though, the industry veteran mourns the  loss of identity for today’s labels.
 
 “I don’t know what record labels there are now that mean what they used  to be to me when I was a fan,” he said. “For example, Blue Note Records  was a guarantee of quality. They signed great musicians, and they  recorded them absolutely brilliantly. That can happen when you’re  independent. When it’s a major company, they can’t do that in the same  way. It’s changed really a great deal, because also people don’t even  see a label.”
 
 For new artists, Blackwell advises they show patience and own rights to  their music. “They can sell their music; they can market themselves on  the Web. Takes a long time, because it’s sort of going bit by bit, but  they can promote their concerts and they can gather email addresses or  Facebook pages … and grow like that,” he said. “They don’t need to  give that up to a record label, which happened in the old days.”