Public Enemy asking fans to raise $250,000 to help record new album - Sitcoms Online Message Boards

Brian Damage · 10-07-2009, 09:46 PM

Public Enemy are asking fans to help fund the recording of their next album.

The rap collective have signed a deal with fan funding engine SellaBand, and are aiming to raise $250,000 in increments of $25 in order to record and release the as-yet-untitled album. In return, fans who invest in the album will receive a share in the revenue of the album, as well as a numbered copy of it.

Speaking about the deal in a statement, Public Enemy's Chuck D hailed SellaBand's business model.

"SellaBand's financial engine model goes about restructuring the music business in reverse," he explained. "It starts with fans first, then the artists create from there. The music business is built on searching for fans and this is a brand new way for acts to create a new album with fans first, already on board."

Public Enemy are the first high profile band to sign a deal with SellaBand, which is based in Amsterdam. Under the deal, they will retain complete ownership of the album, and can also choose how fans are rewarded for funding them.

http://www.nme.com/news/public-enemy/47686

catlover79 · 10-07-2009, 09:51 PM

Cry me a river.

MickeyMac · 10-08-2009, 03:14 PM

How about we pay them to never record again, and then we pay them to forever keep that idiot Flavor Flav out of the public eye.

10-07-2009, 09:46 PM	#1
Brian Damage I'm Rich Bitch Forum Icon Join Date: Feb 03, 2002 Location: What Ain't No Country I Ever Heard Of...They Speak English in What? Posts: 63,107	Public Enemy asking fans to raise $250,000 to help record new album Public Enemy are asking fans to help fund the recording of their next album. The rap collective have signed a deal with fan funding engine SellaBand, and are aiming to raise $250,000 in increments of $25 in order to record and release the as-yet-untitled album. In return, fans who invest in the album will receive a share in the revenue of the album, as well as a numbered copy of it. Speaking about the deal in a statement, Public Enemy's Chuck D hailed SellaBand's business model. "SellaBand's financial engine model goes about restructuring the music business in reverse," he explained. "It starts with fans first, then the artists create from there. The music business is built on searching for fans and this is a brand new way for acts to create a new album with fans first, already on board." Public Enemy are the first high profile band to sign a deal with SellaBand, which is based in Amsterdam. Under the deal, they will retain complete ownership of the album, and can also choose how fans are rewarded for funding them. http://www.nme.com/news/public-enemy/47686
	__________________ The Key to the Kingdom of Heaven: John 3:3 *Money Doesn't Buy Happiness...But I'd Rather Cry in My Private Jet*

10-07-2009, 09:51 PM	#2
catlover79 God Bless Val Forum Addict Join Date: May 29, 2006 Location: Bewitched in Ohio Posts: 70,392	Cry me a river.
	__________________ "Jesus loves you and He approves this message." "I'm alive. I'm feeling good. I'm trying to live every moment as much as I can." - Valerie Harper, March 2013

10-08-2009, 03:14 PM	#3
MickeyMac Member Forum Star Join Date: Jun 18, 2008 Location: Kalamazoo, Michigan Posts: 19,008	How about we pay them to never record again, and then we pay them to forever keep that idiot Flavor Flav out of the public eye.