Trent Reznor has announced that Nine Inch Nails will no longer be under any recording contract with any label.
Trent’s announcement on NIN.com
It looks like this is the way to go for established artists. Direct marketing, and full artistic freedom… What’s the added value of the recording industry these days anyway? Even with a small budget, you can succesfully promote your music on the internet.
Link via TechCrunch