their clients at a more accessible cost. Artists have also set up their home studios to self-record and produce their own material and not have to deal with high budgets and expensive studio time. Lack of album sales in recent years and major record labels cutting their budgets to fund their artists and producers to record in these high end studios have done a significant amount of damage as well. Some of music's iconic studios have been forced to shut their doors for good due to these circumstances. The list of these studios include The Hit Factory, which was located in New York City and home to albums such as Born in the U.S.A. by Bruce Springsteen and Graceland by Paul Simon, and Sony Music Studios, which was also located in New York City and where Nirvana recorded their MTV Unplugged session. Another studio that was forced to close was Olympic Studios in London, where works by Eric Clapton, Jimi Hendrix and The Rolling Stones were recorded. Even though these commercial studios are able to produce a quality recording for the artists that record in them, many of the recording software used in home studios can emulate what the consoles and tape recorders are able to do. As mentioned in the Los Angeles Times, according to NAMM, the trade group for music retailers and manufacturers: "The total computer music market went from just under $140 million in sales in 1999 to almost a half-billion dollars in 2008". So while album sales have significantly dropped in the past decade, which has forced recording studios to cut costs, the sales of computer software and technology related to music have significantly increased as well. Maureen Droney, senior director of the Recording Academy's Producers & Engineers Wing, spoke to the Los Angeles Times and reflected on what the recording studios have come to be in today's music industry with the following statement: "In some ways we've come full circle ... We've gone back to being small and entrepreneurial. People still look to commercial studios when they have something to offer that they can't do at home. But, as it is, the recording studio business started with people starting small, funky studios, oftentimes in bedrooms and garages." See also Lo-fi music Bedroom pop Chillwave Hypnagogic pop References Sound recording