mod, Administrators
12,083
edits
Changes
no edit summary
==Dispute==
Reznor became engaged in several disputes with TVT records which resulted in the secret recording of the angst-filled ''Broken'' EP. The label forced Reznor to work with producers he did not want to work with (specifically John Fryer, whom Reznor didn't get along with) and released ''[[Down In It (halo)|Down In It]]'' as [[Nine Inch Nails|NIN]]'s first commercial single. The version of "Down In It" which appeared on the album was not the completed version Reznor wanted on it but a remix done by [[Adrian Sherwood]] and Keith LeBlanc, two of the producers involved with ''Pretty Hate Machine'', which also appeared on the single. Reznor has also stated in interviews that the record label called ''Pretty Hate Machine'' a "complete abortion" and paid little attention to [[Nine Inch Nails]] NIN until the band started getting popular.
Reznor has also stated that when NIN did [[Lollapalooza Tour|Lollapalooza]], they had wanted to put the Adam Ant cover ''[[Physical]]'' out as a 12 inch, but couldn't because of TVT Records.
On the remastered version of ''Pretty Hate Machine'', which NIN released in December 2010, the words "fuck you. steve gottleib and tvt" appear before the words "thank you. chris vrenna, bart koster, ross rosen, michael patterson, bicycle"
==Buy OutRykodisc==In 2005, TVT defaulted on a $32 million loan with Prudential Securities. This loan was granted in 1999 and a portion of TVT's catalog was presented as collateral. Prudential placed these assets up for auction and when no suitable bid came in, they chose to retain the rights and licensed them to Rykodisc. ''Pretty Hate Machine'' and its singles, which had been unavailable for a few years, went back in print. ==The Orchard==
On June 23, 2008 ''washingtonpost.com'' reported that "The Orchard, the digital music label, has bought out TVT Records after a New York bankruptcy court declared its bid the winner on Thursday." [http://www.washingtonpost.com/wp-dyn/content/article/2008/06/23/AR2008062300123.html]
==Bicycle Music==
In 2010, the rights to the TVT catalog were acquired by Bicycle Music Group. A remastered version of ''Pretty Hate Machine'' was released and digital versions of its singles were put back into printonce again.
<blockquote>
The co-publishing rights to Trent Reznor’s Nine Inch Nails catalog include the songs from all album releases from Pretty Hate Machine through Year Zero. As well, in acquiring the master recording rights to NIN’s groundbreaking debut, Pretty Hate Machine, Bicycle will be responsible for re-releasing this album which has been out of print and unavailable through digital distribution outlets for several years. “It goes without saying how important these works are to the entire landscape of Alternative Rock. Our team sees incredible creative and business opportunities with this catalog and we look forward to working with our new partners and artists," said Steve Salm, Partner at Bicycle.