Public Enemy Look for Album Funding; Good Investment If They Make Another It Takes a Nation of Millions to Hold Us Back, Bad Investment if Flavor Flav Has too Much to Do with It

The minstrel show better known as Flavor Flav clearly hasn’t cashed in enough on those VH1 royalties to fund a new Public Enemy album. Or maybe there’s just a political angle to the group’s latest move.

A couple years removed from their last full-length album, with its masturbatory title How You Sell Soul to a Soulless People Who Sold Their Soul?, Public Enemy has teamed up with Amsterdam-based SellaBand to solicit fans and investors for album funding. The NME reports that the seminal rap group is looking to raise $250,000 in $25 increments, with contributing fans receiving a pro ratio share of 33.3% of all net revenues from album sales. To date, they've raised over $37,000 (or 14%) of their monetary goal.

On the Public Enemy web site, Chuck D says “SellaBand's financial engine model goes about restructuring the music business in reverse. 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 create a new album with fans first, already on board.”

At this point there’s no further information about the upcoming album.

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