…from the Reznor’s site at www.nin.com

Hello everyone. I’ve waited a LONG time to be able to make the
following announcement: as of right now Nine Inch Nails is a totally
free agent, free of any recording contract with any label. 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.
Look for some announcements in the near future regarding 2008.
Exciting times, indeed.

posted by Trent Reznor at 10:45 AM.

From the Billboard music site:

Sources close to the situation say in the short term, Reznor will get busy in the studio working on the follow-up to this year’s “Year Zero,” a process he couldn’t begin until the Interscope deal was complete due to contractual reasons.

I’m predicting Trent’s next CD will be chock full of bright and cheerful tunes with PETA-friendly artwork on on the liner notes.  Like Moby meets the Wiggles.