Reznor deals major labels another blow
In a recent interview Trent Reznor has expanded on his eariler comments about the behaviour of record labels and gone as far as to indicate an intention to leave Interscope as soon as possible. He says that he is contractually obligated to deliver one more album to Interscope, but if he could he would cut out the labels altogether and sell the next Nine Inch Nails record online for a meagre $4. (He went as far as to note that consumers would be able to download the record at “as high a bit-rate as you want”, a detail I greatly appreciate.)
Since MySpace and Snocap teamed up to allow artists to sell DRM free music direct to consumers I’ve been disappointed with the uptake. I was looking forward to being able to buy tracks from all those great unsigned bands I’ve come across on MySpace, but months later, it’s still a rarity to see the Snocap player on a band’s profile. Hopefully Reznor’s stand will encourage more artists to go down the direct to consumers route.