Nothing Records was an American record label specializing in industrial rock and electronic music, founded by John Malm Jr. and Trent Reznor in 1992. It is considered an example of a vanity label, where an artist is able to run a label with some small degree of independence within a larger parent company, in this case the larger company being Interscope Records.

Nine Inch Nails, commonly abbreviated as NIN, stylized as NIN, is an American industrial rock band formed in Cleveland in 1988. Singer, songwriter, multi-instrumentalist, and producer Trent Reznor was the only permanent member of the band until his frequent collaborator, Atticus Ross, joined in 2016. The band's debut album, Pretty Hate Machine (1989), was released via TVT Records. After disagreeing with TVT about how to promote the album, the band signed with Interscope Records and released the EP Broken (1992). The following albums, The Downward Spiral (1994) and The Fragile (1999), were released to critical acclaim and commercial success.