Label impresario and manager Alan McGee is to quit the music business, according to an interview with BBC 6Music.
McGee, who signed Oasis as co-founder of Creation Records and went on to manage bands like The Libertines and The Charlatans, explained his decision as taken in view of the fact that the record industry is no longer run by music lovers.
"I think the pre-requisite for being in the music industry," said McGee, "is not liking music and playing the corporate game, agreeing with your boss."
McGee went on to compare himself to Tony Wilson and dismiss record companies as "like trams", adding that he would continue to put on club nights.
He said: "I stopped doing the record company about a year or two ago because I think they’re pointless things, like dinosaurs or trams or something. I’m still completely into new music and I’m still doing things with new bands, as in my clubs and stuff like that. I’m still going to be kicking about.
"I think I’m a man of the times, kind of like Tony Wilson, really. We don’t really have a place in the music industry anymore because we actually like music."