An indie label may have to sell 30,000 copies to break even, where a major label may have to sell 250,000. If he gets canned, your project most likely gets canned. Out you go. The tone of this topic may be one of disgust toward major labels. In reality, this is not the case.
Major labels can do some great things for artists.
They can also do some horrible things. Indie labels are not the best thing since sliced bread, but they do some great work and serve a much-needed purpose in the music industry. I am pro-artist. I believe that, while indie labels are out to make a buck, they are also out to promote the music. I don't believe, even for a second, that major labels are out to promote music.