Sam Phillips the first investors in Holiday Inn, a motel chain that was about to expand to a nationwide franchise; he became involved with the chain shortly after selling Elvis Presley's contract to RCA, for $35,000, which he multiplied many times over the years with Holiday Inn. He also created two subsidiary recording labels, Phillips International Records and Holiday Inn Records. He owned the Sun Studio Café in Memphis. One location was in the Mall of Memphis. Phillips and his family founded Big River Broadcasting Corporation, which owns and operates several radio stations in the Florence, Alabama, area, including WQLT-FM, WSBM, and
Recording studio in the recording process. With software such as Protools, a powerful, good quality computer with a fast processor can replace the mixing consoles, multitrack recording equipment, synthesizers, samplers and effects unit (reverb, echo, compression, etc.) that a recording studio required in the 1980s and 1990s. A computer thus outfitted is called a Digital Audio Workstation, or DAW. Popular audio-recording software includes Apple Logic Pro, Digidesign's Pro Tools—near standard for most professional studios—Cubase and Nuendo both by Steinberg, MOTU Digital Performer—popular for MIDI and film scoring. Other software applications include Ableton Live, Mixcraft, Cakewalk Sonar, ACID Pro, FL Studio, Adobe Audition,