Some say the music industry is failing. The fact is that the four major record labels are losing lots of money due to online file sharing and downloading. Over the past ten years the majors main job was to secure marketing for its artist and nationwide distribution. If fact with all of the technology that is available in these modern times the point of a large recording facility and major budget production is not needed anymore. With the digitalization of recording studios, many entertainment professionals can take a huge multi-million dollar studio and build one in there basement and have the same quality.