nails

NIN nails it

Nine Inch Nails' surprise release of Ghosts I-IV today in five differently priced formats is the perfect example of how recorded music can, should, and inevitably will be sold in a world where free has become the norm.

I suggested several business models for recorded music in my post the other day, which was a response to Chris Anderson's Wired article about "free" as the future of business. Ghosts employs at least two of them.

First and foremost, it's a great example of the "freemium" model, in which the hardcore NIN fans subsidize the … Read more

Buzz Out Loud 672: Spammer in the slammer

Episode 672

Judge: Wikileaks gets its domain name back http://www.news.com/8301-13578_3-9883240-38.html

First spam felony conviction upheld: No free speech to spam http://arstechnica.com/news.ars/post/ 20080302-first-spam-felony-conviction-upheld-no-free-speech-to-spam.html

Vista prices fall even further http://www.news.com/8301-13860_3-9883961-56.html

Pirates find proper way to crack Vista’s activation schema http://it.slashdot.org/article.pl?sid=08/03/03/0622230

More audiobook publishers drop DRM: Will Audible follow suit? http://www.boingboing.net/2008/03/03/more-audiobook-publi.html

Nine Inch Nails uploads new album on Torrent sites http://torrentfreak.com/nin-uploads-new-album-on-torrent-sites-080303/

Fan-funded music http://blogs.cnet.com/8301-13526_1-9882091-27.htmlRead more

Nine Inch Nails releases Internet album

Trent Reznor, the man behind the rock group Nine Inch Nails, continued his foray into self-distribution by releasing a 36-track instrumental album over the Internet.

The album, Ghosts I-IV, went on sale Sunday on NIN.com, the band's Web site, and was available in a varying range of price packages.

Reznor is giving away the first nine songs of the album for free. The entire album in a digital version is available for $5. Nine Inch Nails' fans can order separate disc-sets of the album (with varying bonus materials and merchandise) from $10 to $300.

With the album release, … Read more

What Guantanamo Bay prisoners are forced to listen to until they confess

EPISODE 47

Back from the weekend, Randall's parents get rid of their home phone...so that Randall can't call anymore. Nine Inch Nails is another band releasing their album free online. Seth MacFarlane is back in business with Fox and may release a new Family Guy spinoff, Cleveland. Semi-Pro was semi-awful, and if you want to meet men, go to the Apple Store.

Listen now: Download today's podcast

Audio: What Trent Reznor said to News.com

Rocker Trent Reznor is angry with CNET News.com.

On Monday afternoon, the leader of the band Nine Inch Nails posted a blog at NIN.com and accused me of misquoting him in a question-and-answer interview titled: "Trent Reznor: Why won't people pay $5." He suggests in his post that he did not make statements supporting a music tax on ISPs that appeared in the January 10 article. He also implies that CNET had some kind of hidden agenda when he writes in his post that the story was "written before I was involved."

It'… Read more

Don't miss lessons Radiohead, Trent Reznor offer

Musicians aren't merchants.

We certainly learned that through Radiohead and Trent Reznor's separate experiments with choose-your-price album promotions.

In October, Reznor, the leader of the band Nine Inch Nails, and Radiohead attempted to promote and distribute albums online without the help of a major record label. Both offered fans the opportunity to obtain the music for free. Both saw some success.

But they also illustrated that the music business is probably better left in the hands of businessmen. Musicians are not the new labels. Artists need someone to provide financial support and business acumen. If we end up ridding the world of labels, we'll only have to re-create them--in some other, probably more nimble form.

Last week, I interviewed Reznor about the online promotion of rapper Saul William's album The Inevitable Rise and Liberation of NiggyTardust. In that interview, Reznor said he was disappointed that only 18 percent of the more than 150,000 people who downloaded the album paid for it. He and Williams offered two options: pay nothing or obtain a higher-quality audio version for $5.

By backing Williams with his money, name, and know-how, Reznor essentially thrust himself into the role of a music label. That is, a music label with a lot to learn. The first lesson was that you don't always back a winner. A music company's fortunes can often rest on its ability to discover superstars. Profits generated by a few marquee acts have always kept the companies going while all the other performers break even or lose money.

EMI said this week that only 5 percent of its acts are profitable. This kind of prospecting requires a huge investment.

Reznor said he didn't get involved with Williams to profit, but acknowledged that he spent too much making the album and said he hasn't yet recouped his money. A record company can afford to make bad bets once in a while, said Chris Castle, a music industry insider who has worked as a vice president for both Sony Music and A&M Records. Musicians, even successful ones like Reznor, probably can't.

Read more

Trent Reznor: Why won't people pay $5?

UPDATE (1-22-08) at 2:25 p.m.: More than a week after this story was published, Trent Reznor accused CNET News.com of misquoting him about the issue of a music tax on ISPs. We have posted an audio excerpt of the Reznor interview here. For the sake of full disclosure, we have also updated this story to include the text of what he said following his remarks about the ISP tax.

Very early in a discussion with Trent Reznor, the front man for the band Nine Inch Nails, it's obvious how highly he prizes his collaboration with musician … Read more

10 predictions for 2008

I've always preferred prognostication to nostalgia, so rather than replay the best of 2007, I'll use these late December doldrums to make 10 predictions for the coming year. Some editors will warn you that this kind of list is suicide--it's too easy for everybody to look back a year later and see where you were wrong--but it hasn't hurt Cringely, so here goes. In no particular order.

DRM will die. The trendline is clear--Apple's been selling DRM-free tunes on iTunes since May, Amazon's DRM-free MP3 store has three of the four majors signed up, … Read more

Radiohead's Web venture spooks Wall Street

Wall Street is taking record labels to task for lackluster Web sales, spiraling CD revenue, and the defections of marquee acts such as Madonna and Radiohead.

Two analysts downgraded Warner Music Group last week, leading to a sharp drop in the company's stock price. One of the analysts, Richard Greenfield of Pali Research, penned a gloomy report about why he thinks the sector is headed for even greater losses.

"No matter how many people the RIAA sues, no matter how many times music executives point to the growth of digital music, we believe an increasing majority of worldwide … Read more

Trent Reznor: Take my music, please

Correction: Saul Williams' album debuts Thursday and is available for free or a $5 donation.

Rocker Trent Reznor doesn't pretend to know the answers to what ails the music industry.

But that hasn't stopped the iconoclastic front man for the band Nine Inch Nails from marching to the front lines--in lock step with British band Radiohead--in an assault on the traditional music business.

Reznor, who made news earlier this month when he left his record label, spoke Tuesday with CNET News.com about the decision. He also bashed the music industry, detailed how he persuaded performer Saul … Read more