US singer/songwriter and soundtrack composer Trent Reznor has explained that he recently abandoned the DIY route and returned to a major label partnership as “It was worth slicing the pie up” and that “complete independent releasing has its great points, but also comes with shortcomings”.
Reznor set up his own label in 2008 but has signed a partnership deal with Sony’s Columbia Records for a forthcoming release by his group ‘How to Destroy Angels’.
Writing on his Facebook page, Reznor said: “We're literally putting our records out on our own, and not using the labels and I don't know what the cool record shop in Prague is, and I don't know the good blog that comes out of there that I can give some attention to”.
He continued: “So far, it's been pleasantly pleasant, actually having people that know what they're talking about and having a team”.
Reznor finished a contract with Interscope in 2007 after releasing several albums with Nine Inch Nails and selling over 30 million albums worldwide. He became very vocal about the advantages of artists going down the DIY route, saying at the time: “I have been under recording contracts for 18 years and have watched the business radically mutate from one thing to something inherently very different and it gives me great pleasure to be able to finally have a direct relationship with the audience as I see fit and appropriate".
The songwriter went on to successfully release his own music including a hugely acclaimed soundtrack to David Fincher’s film The Social Network in 2010.