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NIN WINS: As always happens on the eve of a three-day weekend, it's been a slow 24 hours for news...except for Trent Reznor. As an encore to his pullout from the MTV Movie Awards, the Nine Inch Nails auteur today won a resounding victory over former manager and Nothing partner John Malm in a New York Federal court. The jury awarded Reznor on every single claim in his suit, including fraud and breach of fiduciary duty, adding up to million, but interest calculations could potentially double the amount, leaving Malm looking at the possibility of bankruptcy. Reznor also regains 100% control of his trademarks.

NAILS BAIL: Nine Inch Nails have pulled out of the MTV Movie Awards following Trent Reznor’s refusal to modify his politically charged stage set. “Nine Inch Nails will not be performing at the MTV Movie Awards as previously announced,” Reznor wrote late Thursday on his website. “We were set to perform ‘The Hand That Feeds’ with an unmolested straightforward image of George W. Bush as the backdrop. Apparently the image of our President is as offensive to MTV as it is to me. See you on tour this fall when we return to play in America.” Reznor’s pullout leaves MTV with a big hole to fill and very little time to fill it—the show tapes next Saturday (6/4)—and the Foo Fighters are at the top of the short list to replace NIN, according to a source close to the situation. Stay tuned.

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