Public Enemy Wants Fans to Pay for Album
Ξ April 16th, 2010 | → 0 Comments | ∇ Music, Music Bands |
Rap group Public Enemy wants to release an album entirely funded by donations from their fans. It kind of gives a whole new meaning to paying for it that?s for sure. In return for investing in the project, fans will get albums, meet and greets and even a cut of the profits. Public Enemy has set a goal of raising $75,000 through donations. A statement says ?We have learned that the fan-funding model is still not fully developed and, as a result, a $250,000 fund-raising effort, while possible, will take too long to accomplish?As a result of our SellaBand experience and all that we have learned, we now believe that a $75,000 fund raising target will fulfill the needs for a new recording project and is much more appropriate for the strength of the existing SellaBand model and the current economic climate.?