Public Enemy Record For Less

Public Enemy have lowered the amount of money they are trying to raise to help fund their next album.

Last year, the hip-hop group - consisting of Chuck D, Flavor Flav, Professor Griff and DJ Lord - revealed they had signed a deal with fan investment site Sellaband and had expected their devoted followers to donate $250,000.

However, they have now been forced to slash expectations to $70,000 after the company went bankrupt in February.

Sellaband said in a statement: "We have learned that the fan-funding model is still not fully developed. As a result, a $250,000 fundraising effort, while possible, will take too long to accomplish.

"We also have reached the conclusion that we will no longer include expenses for sales and marketing in our fundraising budget and goals. So far, Chuck D and cohorts have raised exactly $55,700, that's 74 percent of their goal."

Sellaband was sold in February to new owners based in Munich, Germany. The new chief executive, Michael Bogatzki, said: "We will continue to advance this fantastic platform while acting in the spirit of the Sellaband community and its founders."


Contactmusic

Tags: Public Enemy - Chuck D - Flavor Flav - Slash


Editors Recommendations

'X-Men' Director Bryan Singer Sued For Alleged Sexually Assaulting 17 Year-Old Boy

Bryan Singer, who is a director, producer, and writer of more than 15 productions...

'X-Men' Director Bryan Singer Sued For Alleged Sexually Assaulting 17 Year-Old Boy

Jenny McCarthy Debuts Giant Rock (Oh, And Engagement) On "The View"

Congratulations to Jenny McCarthy and Donnie Wahlberg, who are engaged now, according...

Jenny McCarthy Debuts Giant Rock (Oh, And Engagement) On

Who Was The Mastermind Behind Game Of Thrones' Purple Wedding?

Yikes, GoT fans! Was Sunday night’s episode of Game of Thrones even more shocking...

Who Was The Mastermind Behind Game Of Thrones' Purple Wedding?

Miley Cyrus' Hospital Stay Extended Over Severe Allergic Reaction

It might be a while until Miley Cyrus is back on her grind (or her twerk, as the case...

Miley Cyrus' Hospital Stay Extended Over Severe Allergic Reaction

Is Tom Hardy The Right Choice To Play The Next Bond?

Tom Hardy has been the public’s number one choice to replace Daniel Craig...

Is Tom Hardy The Right Choice To Play The Next Bond?

Lorde Finally Meets Baseball Star Who Inspired Hit Track 'Royals'

Lorde burst onto the world's music scene last summer with her smash hit 'Royals.'...

Lorde Finally Meets Baseball Star Who Inspired Hit Track 'Royals'

Jay Z Announces Second Budweiser Made in America Music Festival To Be Held In Los Angeles

Jay Z is one of the music's most successful entrepreneurs and he is now making...

Jay Z Announces Second Budweiser Made in America Music Festival To Be Held In Los Angeles

AC/DC Aren't Retiring After All, It's Just One Band Member

Finally, after three whole days of unchecked speculation online, AC/DC have...

AC/DC Aren't Retiring After All, It's Just One Band Member

Lady Gaga Startling Unedited Versace Ad Snaps Leaked

Lady Gaga has become the latest celebrity to find themselves in the middle...

Lady Gaga Startling Unedited Versace Ad Snaps Leaked


More recommendations

Comments

Public Enemy Newsletter

Subscribe to this news alert service to receive news and reviews on Public Enemy

Unsubscribe | Unsubscribe All