Duke’s note: These guys have always been one of my favorite groups (even though Flav has been dead to me since the first season of “The Flavor of Love”). Bob Dylan once described them as “banging on drums, throwing horses off cliffs… true poets.” Once again they are the first established act to push the frontier…

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 the rest at Music Ally

Technorati Tags: crowdfunding, Public Enemy, SellaBand

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