I realized "what's a group without at least one discussion?" so I'm asking what everyone's favorite band is that's unsigned or is on an independent label. For me, it's Oh No! Oh My! or Jets to Brazil. Since I cheated, you could also pick two or three. It doesn't matter. I know it's hard to narrow it down to one.
FYI: I was gonna say The Postal Service but Sub-Pop is apparently owned by Warner Music Group, one of the Big Four. See? Ya learn something new every day.
Linked below are the songs "I Have No Sister" (Oh No! Oh My!), "Resistance is Futile" (Jets to Brazil) and "The District Sleeps Alone Tonight" (The Postal Service), respectively. It is not required that you listen to them.
i'm really into los campesinos! lately. great punk band on arts&crafts (broken social scene, stars, feist, etc). in fact, you can pretty much just put that entire label on my list.