Public Enemy Commence With Fan-Funded Album


Public Enemy Commence With Fan-Funded Album


The hip-hop group may not get the $250,000 they want but consider $75,000 more will be enough to spawn a new album.

Rap legends Public Enemy have relaunched their campaign to release an album funded entirely by fan donations, just four months after their last attempt failed. The hip-hop group, fronted by Chuck D and Flavor Flav, announced plans to turn devotees into investors last September after teaming up with specialist website SellaBand - an online fan-funding engine, which gives supporters the chance to help finance their idols' projects in exchange for albums, meet-and-greets and even a cut of the profits.

Public Enemy's appeal started strong, pulling in $50,000 within a month from fans donating a minimum of $25 each - but the cashflow stalled in December, totaling just over $67,000 - well short of the band's goal of $250,000. The group subsequently abandoned the album plans - but they've decided to give the initiative another shot, and have set their new target at $75,000.

A statement from Public Enemy reads, "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 fulfil 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."

And the band's new approach is already paying off - they've raised $56,325 since relaunching their campaign on Monday, April 12. Public Enemy have not released a new album of material since 2007's "How You Sell Soul to a Soulless People Who Sold Their Soul?".

© AceShowbiz.com


MORE FROM NEWS

Leave a Comment

Required fields are marked with *

   

TODAY'S HEADLINES

  1. Kim Kardashian Hits Back at Haters Over Her Unretouched Bikini Photos
  2. George and Amal Clooney Reportedly to Spend Over $1 M on a Royal-Like Delivery Experience
  3. Kim and Kourtney Kardashian Flaunt Beach Bodies in Skimpy Bikinis During Mexican Trip
  4. 'Dancing with the Stars' Features Shocking Elimination on 'Boy Bands and Girl Groups' Night
  5. Aaron Hernandez's Male Prison Lover Is Allegedly Revealed, Lawyer Denies Gay Rumor
  6. Kim Kardashian's 'Jealous' of Kourtney's Hot Beach Body
  7. Scott Disick Hangs Out With Khloe Kardashian Look-Alike in the Beverly Hills Hotel
  8. 'The Voice' Live Top 12 Eliminations: Who Is the First to Get Sent Home?
  9. Scott Gimple Teases Rick's Death in 'The Walking Dead' Season 8
  10. 'Delusional' Drake Is Still Not Over Rihanna, but She Won't Give Him Another Chance

CELEBS PHOTO