LAist: Trent Reznor Says Goodbye to Record Labels, Record Labels Say Terance Trent Who?

Schimonie

Tue, 09 Oct 2007 08:30:54 -0800

Yep, they already are.

duanestorey

Tue, 09 Oct 2007 00:46:19 -0800

I read about this earlier tonight -- I'm glad you wrote something on it. It's pretty clear that this is going to be a continuing trend with bands fulfilling contracts. I wonder how it's going to ultimately affect bands that are looking to sign and get into the industry -- I wonder if more of them are going to try and go independent, hoping for the success (hopefully) of Radiohead's new album, and what Matthew Good will do with his next album.

Stephen Westrich

Mon, 08 Oct 2007 16:25:48 -0800

Pretty hard to imagine Interscope doesn't care about losing an act that has sold 12 million CDs. Even if their heyday is past, you can pretty much count on a NIN album going at least gold if not platinum, no small feat nowdays. Dumb as they are, I'm sure major labels are fully aware that they have no idea how to break new bands in the new climate, and are hardly excited about "exploiting the newbies" that will never sell enough music to even break even for Universal/Any Other Major.