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Asking Fans For Money

12:01 PM, Tuesday 10/6/09 5 |   |

Public Enemy is reaching out to fans for help financing the groundbreaking rap act’s latest album.

The group has hooked up with SellaBand.com to sell 10,000 parts of the album for $25 a piece to raise a total of $250,000. The plan is to use the quarter mil to fund recording costs and expenses as well as to pay for marketing the release.

But it doesn’t stop with $25. Oh, sure, that amount, referred to by Sellaband as the “believer” level will get you a copy of the finished CD, but if you bump up your payment to the $100 “Hype” level you also receive an exclusive numbered CD digipak, your name in the booklet and an opportunity to purchase a second copy of the CD at half price.

But why stop at $100? For $250 you can buy into the “Rebel” level which also includes an exclusive limited edition Public Enemy T-shirt in addition to everything already mentioned.

Then there’s “Posse” level for $500, which adds a copy of the CD autographed by Chuck D. and a $1,000 “Terrordome” level limited to 50 investors which includes everything listed above plus an unlimited use backstage pass for three years.

But wait, there’s more.

The “Bring The Noise” level – priced at $5,000 and limited to 15 investors – gives well-heeled fans executive producer credits, while the $10,000 “PE Number One” level includes everything mentioned plus a studio visit during the recording sessions.

Public Enemy hopes to complete its fan-supported funding efforts by the end of this year. For more information, grab your credit card and click here for Sellaband.com.


5 Comments leave a comment

  1. 213
    monet2u wrote:

    12:13 PM, Oct 06, 2009

    HA! and people have problems with Amanda Palmer's webcast auctions???

    Honestly I don't really care if bands want to ask their fans to fund a project...in theory that's what we've always done just thru the record label.  I would invest $25 for an artist or band that I love so they could make another record and I think most would agree with me. PE might be taking it to the next level...but hey ho they may just get their wish. I'm sure there are plenty of well off fans that can afford the $1000 and up prices to help get their next album made. Sadly it won't be me.

  2. 188
    FaithNoMore89 wrote:

    01:35 PM, Oct 06, 2009

    i will give them $100 to NOT make a new record.

  3. 474
    angie wrote:

    04:47 PM, Oct 06, 2009

    lol @ FaithNoMore89. I think I agree. Why doesn't Flava Flav just do another reality show? He could probably raise about $50 there.

  4. 636
    Studebaker Hawk wrote:

    07:03 PM, Oct 06, 2009

    I can see struggling new and old artists who want to make a real nice sounding cd in a nice cd and hire choice name players and of course are not wealthy enough,I have heard of a few who have done that like Shawn Phillips.But a big band like this is shamelessly greedy.They must have big coke habits like all those self-absorbed  rockstar  jerks.They like money going to Mexican cartel scum who kill innocent people and kidnap,torture,you name it just like all the other coke addicted jerks filling America.

  5. 35
    Tar & Feathers wrote:

    09:59 PM, Oct 06, 2009

    I seriously doubt that you'll find the word "investors" in any of the group's promotional material. Such language would bring on an army of  IRS tax attorneys and SEC regulators. This isn't even a PBS "become a subscriber" sort of deal, as the band is in no way a non-profit organization seeking tax-exempt donations. But as a marketing scheme it's got some balls to it. Now if they can actually produce an album that their fans like, then Public Enemy could make a big score. Let's all start holding our breath now.



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