Trent Reznor Says "Steal My Music" 637
THX-1138 writes "A few months ago, Trent Reznor (frontman of the band Nine Inch Nails), was in Australia doing an interview when he commented on the outrageous prices of CDs there. Apparently now his label, Universal Media Group is angry at him for having said that. During a concert last night, he told fans, '...Has anyone seen the price come down? Okay, well, you know what that means — STEAL IT. Steal away. Steal and steal and steal some more and give it to all your friends and keep on stealin'. Because one way or another these mother****ers will get it through their head that they're ripping people off and that's not right.'"
Concert, not interview! (Score:5, Informative)
Re:Going indie (Score:5, Informative)
He was using his own label -- Nothing Records -- to publish his music. He never liked working with the big labels. However, while he was going through some pretty destructive drug use after The Fragile, his partner essentially took the money from Nothing Records and ran. Trent woke up and found himself with no money and no way to make money.
He signed a multi-album deal to get him enough money to be independent again, but he has become increasingly disgusted by the practices of the label (double dipping by charging Trent to do the color shifting ink label and then still charing the customer more, etc.). IIRC, he's got one album left and then he's free. I'd expect it to be released sometime in 2008 or early 2009, depending on how profitable his tour is. He wants out ASAP.
Re:Has he put his money where his mouth is? (Score:3, Informative)
I mean of course it's just a gesture from a very rich man -- being rich is kinda what enables him to be able to afford to say "steal my album even though I'm payed through royalties". You won't see any small-time act say that unless they all have day jobs. But whereas he could make a more extreme gesture, this is one where he is putting his money directly where his mouth is -- i.e. he's threatening his own royalties through increased piracy.
Just compare it to the "gestures" of other rich musicians who make a lot of money from royalties -- yes, I'm thinking Metallica here. Compared to Lar's "stop stealing our stuff, pay full price and like it bitches" I think Trent is a lot better even if he isn't going as far as you'd like him to.
On the other hand, System of a Down actually named an album "Steal This Album" so I think they win in the "encouraging piracy of their own products" dept.
Re:Has he put his money where his mouth is? (Score:4, Informative)
-Rick
Re:Has he put his money where his mouth is? (Score:5, Informative)
Re:Has he put his money where his mouth is? (Score:4, Informative)
Don't forget he has to pay for studio time, so make that 13 cents per CD (that's a very good deal, as these things go) minus $200,000 for each project.
How's the math on that?
-Nathan
PS:I'm sure trent has built his own studio by now and has engineers lapping at his johnson to work on his stuff. But still. I bet the studio cost a couple million.
Re:Going indie (Score:4, Informative)
At the bottom of the page, under "Multitrack Audio Files"
Garage Band style on the left or Raw WAV's on the right.
Especially since (Score:3, Informative)
Rather, he seems to be encouraging his fans to not buy his music, which deprives him of royalties, but also deprives the label of money.
Re:Someone call the folks at "Intervention" (Score:3, Informative)
I think he's working on it. Should everyone just do what Prince did? It seems like that would be unoriginal. And the issue is that he criticized the high prices of CDs, and got attacked for it, so he presents an alternate solution.
Garth Brooks, with the commercial clout he had, had the decency to refuse to do business with people who sold his CDs for more than 12 bucks.
Reznor is not in a position to do that until his contract is up (great idea about the shitty best of CDs btw), and he's fighting fire with fire. I think his main point is that he wouldn't buy his OWN music at the prices they sell it for, so why should his fans? Especially loyal, dedicated fans who have supported him for years?
he has a history of problems with publishers (Score:5, Informative)
I'm told he took a long break from recording after Pretty Hate Machine until his record contract expired because he didn't like the terms he signed. No love for the system from that guy.
Here is the wiki section on his issues with the cooperate world:http://en.wikipedia.org/wiki/Nine_Inch_Nails#Corporate_entanglements [wikipedia.org]
Re:Concert, not interview! (Score:1, Informative)
I'm Australian (Score:3, Informative)
Concert tickets, on the other hand, now there's inflation. It wasnt that long ago that a concert ticket was the same price as a CD. Now, you can pay 4 to 12 times the price of a CD for a concert ticket.
Re:Trent, you say "Steal My Music", but, (Score:2, Informative)
Or did I entirely dream this whole thing up? Regardless, he won the nerd heart years ago when he did the music for Quake, and moves such as this only make me respect him more.
Re:Has he put his money where his mouth is? (Score:2, Informative)
Hmm, no mention of IP here. But, keep fighting the power.
Re:Off-topic, but.... (Score:4, Informative)
100,000 CDs a year (Score:4, Informative)
Wholesale price: $9 / 90 cents per CD = $90,000.00
Selling as independent artist and Amazon(tm) Partner
Staff member to mail packages: $30,000 per year
Cost per CD, printing: $1
Cost per CD, packaging and mailing: $4
Cost per year: $530,000 on revenues of ($15 CD) $1.5m
Net: $1m
Going indie is not just more trendy, it's more profitable, once you've already got that mega-media marketing machine convincing 100,000 people they need to buy your (mediocre) music.
Re:Has he put his money where his mouth is? (Score:5, Informative)
In the interview that was mentioned in the topic (http://www.news.com.au/heraldsun/story/0,21985,21741980-5006024,00.html [news.com.au]), he says:
(Interviewer): Given all that, do you have any idea how to approach the release of your next album?
I've have one record left that I owe a major label, then I will never be seen in a situation like this again. If I could do what I want right now, I would put out my next album, you could download it from my site at as high a bit-rate as you want, pay $4 through PayPal. Come see the show and buy a T-shirt if you like it. I would put out a nicely packaged merchandise piece, if you want to own a physical thing. And it would come out the day that it's done in the studio, not this "Let's wait three months" bulls---.
Re:Has he put his money where his mouth is? (Score:5, Informative)
Re:Has he put his money where his mouth is? (Score:4, Informative)
They (or rather he) did - Nothing Records. Then it went bankrupt (sounds like a partner took advantage of him, i don't really know the story though) so now having far fewer financial resources he resorted to going back to the big label for a contract. A contract he's not going to be able to get out of soon. In the meantime, he's pissing off his corporate masters which is exactly what I would expect.
Re:Off-topic, but.... (Score:3, Informative)
That record has long since more than paid for itself. It spent 2 years on the charts.
16 years later on I think we can safely assume its been paid for.
Re:Has he put his money where his mouth is? (Score:3, Informative)
System of a Down actually named an album "Steal This Album" so I think they win
Only us really old geezers recognize the reference to Steal This Book [wikipedia.org], by Abbie Hoffman.
Re:Has he put his money where his mouth is? (Score:3, Informative)
Re:Has he put his money where his mouth is? (Score:2, Informative)
Re:Has he put his money where his mouth is? (Score:2, Informative)
Re:Has he put his money where his mouth is? (Score:2, Informative)
Re:It's a sham. (Score:3, Informative)
If they really wanted to stop Reznor, they would threaten him with a lawsuit. There are a number of legal theories they could go after him with. Breach of Agency, Breach of Contract, Tortious Interference... and probably others.
Suffice it to say, when you have a contract which basically puts you in a joint venture with another party to sell a product, you aren't supposed to go around encouraging people to "steal*" that product.
* - "Steal" is Reznor's choice of words, not mine.
Re:Reznor gets a higher % than the record company (Score:1, Informative)
Thirdly, and this I can't believe Slashdot modded you up for, the production and promotion costs for records absolutely do NOT come from the label's cut. It is standard practice for the artist to receive compensation only after recouping costs for the label. This includes said production and promotional costs.
Re:Off-topic, but.... (Score:4, Informative)
Digital recording and leaps in mic pregain circuit design has made noise-free audio easy to attain.
While I was just testing, I got some odd noise on the meters and got worried. I cranked up the pregains and recorded the noise to find out where it comes from. Ended up being my laptops cooler. I was picking that up from 4 meters away and there was no foreign noise when I listened to it.
All studios are using DAW's nowadays. Only _must have_ expensive equipment is mixing table, room acoustics and monitoring speakers. Even the mixing table is primarily used for routing and grouping for the A/D interface.
And, uh, in conclusion. Your point is valid.
It's just that building a studio isn't as expensive as it used to be, so no point paying $200/h when you could get your own adequate one for couple of grand.
Re:Tickets to his show run $89 for two !! (bad arg (Score:4, Informative)
Re:Has he put his money where his mouth is? (Score:3, Informative)
Re:Concert, not interview! (Score:3, Informative)