The document discusses three potential record labels for a band:
1. XL Recordings - An independent British label known for alternative rock and indie music that has had success promoting overseas artists. Vampire Weekend was actually signed to this label.
2. Lizard King Records - A small, niche American and British label specializing in less mainstream genres. The bands signed seem to have less recognition than Vampire Weekend.
3. Island Def Jam - A large mainstream American label that handles pop, rock, and urban artists but may not specialize enough in the band's style of alternative rock.