Reznor Follows Radiohead, Offers Free Album
An anonymous reader writes "Convinced the current music business infrastructure (requiring artists to rely on labels) is broken, Nine Inch Nails front man, Trent Reznor, released his band's new album, Ghosts I — IV (Ghosts Volumes One though Four), on Sunday at 6 PM via his official site, marking yet another business experiment for this artist in the changing music market."
I can see this becoming a trend. Every headline about a band making millions in a matter of days by distributing their music online, is going to attract the attention of the other musicians. Eventually, they will catch on.
So what do you think will happen when more prominent artists start dropping the labels, realizing that they could make more money if they don't give 95% of their revenue away? I predict that the RIAA will tighten its grip, and try to work with Clearchannel to eliminate non-RIAA affiliated artists get in mass media (radio/TV). I don't think they are going to just sit around and let their cash cows drop out one-by-one.
Not Typical NIN
Is there such a thing as "typical NIN"? Quake players cheered when we heard Reznor was doing the sound for Quake II, and they said the same thing, "not typical NIN".
I think that's one of the best things about that band - there is no such thing as "typical" NIN.
mcgrew's razor: Never attribute to stupidity that which can be explained by greedy self-interest
TFSummary (and TFA) leaves out the most important part about this news: that the album is free as in freedom, not just free as in beer. It's released under a creative commons license, which means that he (or the **AA) can't go after you if you share the album online. AFAIK, this is the first high-profile album release under a CC license (I don't believe Radiohead's was under a CC license).