November 1, 2010 22:39

Public Enemy raise enough money from fan-investment to record new album

Rap group have secured £51,000 through fan-funding site Sellaband

Public Enemy raise enough money from fan-investment to record new album
Public Enemy have raised enough money from fan-investment to record a new album.

The rap collective have secured £51,000 through fan-funding site Sellaband.

As previously reported, the group had struggled to raise enough money towards the end of 2009, so lowered their expectations earlier this year.

"We just received word that our fundraising campaign has completed," Public Enemy said. "This is truly a great moment for us and we owe it all to our fams on Sellaband– our true 'Believers'."

"It has been a long and winding road," they continued. "We've had explosive starts, media attention, corporate troubles, media criticism, recalculations and finally resurgence. When its all said and done, the bottom line is that we never lost faith in ourselves, our fams and the future of fan funding as a model."

Fans, or 'Believers' as Sellaband call them, could invest varying increments of £17 in exchange for copies of the album, while bigger contributions will be rewarded with limited edition T-shirts, signed CDs and even a studio visit whilst the group record the album.

The as-yet untitled album will be the group's eleventh studio effort and the follow-up to 2007's 'How You Sell Soul To A Soulless People Who Sold Their Soul???'.

Public Enemy will play their only UK show of 2010 at London's IndigO2 on November 14.

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