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Nine Inch Nails awarded $2.95M in suit
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| josh4 |
| quote: | Nine Inch Nails awarded $2.95M in suit
Trent Reznor had sued manager over fraud, breach of contract
NEW YORK (AP) -- A jury awarded Nine Inch Nails alternative rocker Trent Reznor $2.95 million after finding his former manager breached his contract and acted fraudulently, a lawyer said Tuesday.
The jury in Manhattan federal court delivered the verdict Friday against John Malm, Reznor's longtime manager, said attorney Zia F. Modabber. The award likely would top $4 million when interest is added.
Modabber said he called Reznor, who is on tour, with the news.
"He was almost silent at first. It's still sinking in," Modabber said. "It's been a difficult thing for him in a lot of ways. They were very, very close friends."
A lawyer for Malm did not immediately return a call for comment Tuesday.
The civil verdict came after a three-week trial in which Reznor testified that he was stunned to learn in 2003 that despite millions of dollars in earnings, he was left with as little as $400,000 in cash.
"I felt I had an accountant I couldn't trust," Reznor testified.
Reznor sued Malm, contending he duped Reznor into signing a contract that gave Malm 20 percent of his gross earnings rather than net earnings, and let Malm collect the commission forever.
A lawyer for Malm, Alan Hirth, said in an opening statement that Malm worked many years for no salary -- and kept nothing secret from Reznor.
Nine Inch Nails' fourth studio album and first in six years, "With Teeth," debuted last month at No. 1 in sales.
Find this article at:
http://edition.cnn.com/2005/SHOWBIZ...s.ap/index.html |
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| jdat |
Thanks for post whoring all of TA mister news head  |
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| DiMethGuy |
who the hell gives a flying f'ck...
that new song of theirs on the radio is one of the worst things I've heard in a while...congrats idiots. |
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| yujie__ |
| hows this related to trance?? or muzik discussion |
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| iammesol |
It's edm isn't it.
That's crazy!!! As if Trent doesn't have enough money already :p
| quote: | Originally posted by DiMethGuy
who the hell gives a flying f'ck...
that new song of theirs on the radio is one of the worst things I've heard in a while...congrats idiots. |
perhaps the people that know NIN is just one guy :haha: |
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| Blue. |
I love NIN, the Downward Spiral is a classic album and they have a lot of killer songs. The new album hasn't grown on me nearly as much. I miss their sound that was more industrail hard rock ie. Mr Self Destruct, Wish, Head Like A Hole, Heresy, etc.
Now they seam more alt rock and a little uh good? Maybe I need more listens of the album. |
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| flavdave |
| quote: | Originally posted by yujie__
hows this related to trance?? or muzik discussion |
Oh it's not trance?!?!?! Then let's not talk about it! |
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| flavdave |
| That's good news for Trent. NIN pulled out of the MTV Movie Awards this week because MTV wouldn't let them perform in front of a picture of George W as a protest. So at least Trent can be happy that he just won his lawsuit. :p |
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| Blue. |
| quote: | Originally posted by yujie__
hows this related to trance?? or muzik discussion |
Industrial is electronic and Trent Reznor just so happens to be a pioneer of it so go troll in another thread. |
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| stren |
i'm all about NIN lately, so i thought i should post here.
I guess its a said when a good friend screws you over |
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| placebo |
| quote: | Originally posted by iammesol
It's edm isn't it.
That's crazy!!! As if Trent doesn't have enough money already :p
perhaps the people that know NIN is just one guy :haha: |
But when they play live, they have a drummer and ?? |
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| iammesol |
| quote: | Originally posted by placebo
But when they play live, they have a drummer and ?? |
Trent can hire people can't he? :p |
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