The music industry is dominated by three major record labels - Universal, Sony, and Warner Bros, known as "The Majors". The Majors own smaller subsidiary labels to reach different audiences and genres. There are also many truly independent small labels. Record labels have different departments like A&R, marketing, promotions, and finance. They work to balance both synthetic acts with constructed images aimed at short-term profits, and organic acts given more time to develop authentic images for long-term success.