[[Image:1999_09_08_a.jpg|thumbnail|Trent Reznor and John Malm]]'''John A. Malm, Jr.''' is best known as [[Trent Reznor]]'s former manager through his wholly owned company, J. Artist Management (JAM), and co-founder of [[Nothing Records]]. In spite of the eventual legal tangles between Malm and Reznor, Malm was among Reznor's thanks during his acceptance speech when [[Nine Inch Nails]] was inducted into the [[Rock And Roll Hall Of Fame]].
==History==
===Early History===
John Malm was born in Cleveland, Ohio, where he grew up and attended Denison University, achieving a degree in Mass Media Communications. He worked as a manager for his university radio station during his time at Denison. Malm began his artist management career after college by managing several local acts, including Lucky Pierre and System 56, and incorporated JAM in 1985. He soon became the promoter and manager of the local band [[Exotic Birds]], which Reznor was a member of at the time. Reznor left the Exotic Birds in 1987, and Malm informally became his manager, without a contract. JAM helped Reznor secure a recording contract with [[TVT Records]] in early 1989. Malm and Reznor signed a formal management agreement on April 20, 1989. [https://www.leagle.com/decision/2005930365fsupp2d5651887]
Malm began his artist management career after college by managing several local acts. He soon became the full-time manager of the local band [[Exotic Birds]], in which Trent Reznor was a member at the time. Malm and Reznor left the Exotic Birds in 1987, and Malm quickly picked up Reznor as a client after hearing his [[Pretty Hate Machine]] demos. Malm and Reznor eventually signed onto [[TVT Records]].
===With Nine Inch Nails===
After having the acquisition of Nine Inch Nails' recording contract disputes with from TVT, Malm and Reznor formed by [[Nothing Interscope Records|Interscope]]in 1992, and jointly released [[Broken]] with TVT. This would be their last release with this Interscope offered to help setup a vanity record label, as they then made an agreement to be released through the major label [[Interscope Nothing Records|Interscope]], jointly owned by Reznor and Malm. [https://www. imdb.com/title/tt7089858/] This agreement continued as both Malm and Reznor saw great success throughout the 90's, signing several big acts and personal favorites to Nothing, such as [[Marilyn Manson (band)|Marilyn Manson]], [[Pop Will Eat Itself]], and [[Prick]].
===Legal Clash===
Over several years leading up to the release of 2005's ''In September 2003, Reznor, suspecting that Malm had "run [[With Teeth (halo)|With Teeth]his]finances into the ground," hired an outside business management firm for the first time. Upon confirming accounting and contractual irregularities, Reznor fired Malm in December 2003. On April 21, 2004,'' Malm sued Reznor for unpaid commissions throughout his career, totaling $2.2 million. The newly sober Reznor counter sued Malm for financial mismanagementbreach of fiduciary duty and fraud on May 19, 2004. Reznor alleged that Malm took advantage of his addictions and manipulated him into signing unfair agreements, including joint ownership of property and businesses that Reznor never intended, such as the NIN trademarks. During this time , Reznor signed an agreement which entitled Malm to 20% of his gross earnings for an indefinite time, even if Reznor chose to seek new management.[https://casetext.com/case/reznor-v-j-artist-management]
The court eventually ordered On May 27, 2005, after a two-week trial, a jury found JAM and Malm to repay liable for breach of fiduciary duty, fraud, conversion, and breach of contract, and awarded Reznor damages in the amount of $2.95 93 million , plus interest an additional $1.69 million in lost earnings and damages. Factoring the interest in may double , as calculated by the amount awarded court. The court also ordered that all jointly held trademarks related to Nine Inch Nails and [[Tapeworm]] be transferred to Reznor's sole ownership and rescinded the 1989 Management Agreement with respect to all unfulfilled obligations, including any potential future commissions owed. [https://uspto. Malm can still appeal the verdict if he choosesreport/TM/assignment-tm-3121-0129.pdf]
==TrentReznor's Comments==Trent Reznor has made several subtle and direct comments about the situation with Malm.
The Associated Press reported that in court, Reznor said:
"John was the business guy, and I was the guy working for nothing in the studio."
==External Links==