October 6, 2009
Public Enemy to fan-fund new album with SellaBand
- by 319
Hip-hop pioneers Public Enemy have announced plans for fans to fund their new album – but also take a share of the revenues. The band are working with SellaBand to raise $250,000 in individual donations of $25. Fans chipping in will get a numbered copy of the album, but also a share of the profits – although exactly how this will work hasn’t been announced at the time of writing.
“SellaBand’s financial engine model goes about restructuring the music business in reverse,” says Public Enemy’s Chuck D. “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 coming to create a new album with fans first, already on board.” read full article
319
Editor-In-Chief
Hailing from Saskatoon, Saskatchewan, by way of Edmonton, Alberta (now currently residing in Austin, Texas). I am ugsmag's dad.
Instagram / Twitter / Facebook / 319heads.com
6 Responses
RIGHTEOUS! Count me in Chuck.
I like this idea, would love to see it tried at an even smaller scale.
This is a dope idea for a group like P.E. And I agree with you CJ, this would be dope on a smaller scale.
Ain’t no way I’m trussin Professor Griff with my $25 bucks. He ain’t had a job since Nation of Millions.
Neat.
why do the need 250,000 dollars to put out an album in this day and age?