Following the release of "Year Zero", Reznor announced later that Nine Inch Nails had split from its contractual obligations with Interscope Records, and would distribute its next major albums independently. In May 2008 Reznor founded The Null Corporation and Nine Inch Nails released the studio album "The Slip" as a free digital download. In his appreciation for his following and fan base, and having no contractual obligation, he made "The Slip" available for free on his website, stating "This one's on me." A month and a half after its online release, "The Slip" had been downloaded 1.4 million times from the official Nine Inch Nails website.