Just a few days ago Sellaband launched the news that Public Enemy would try to beg US$ 250.000 together from the Sellaband users. Bandstocks did that stunt a few months earlier with Depeche Mode’s Dave Gahan, more or less that is. Out by the end of this month is the debut album “Dark young hearts” by FrYars. Depeche Mode fans will be pleased to know that the song “Visitors” on the album features Dave Gahan on vocals. The debut album from Fryars features production work by Luke Smith (Clor) and Stephen Hague (of New Order, Pet Shop Boys and OMD fame) and is released on their own label, Fryarcorp, which has been funded by fan based investment site Bandstocks.
Just like Sellaband, Bandstocks is an online community which allows fans and artists to collaborate to produce and market an album. Investors purchase ‘Bandstocks’, official loan stocks, toward the funding of an artist’s album. Unlike traditional record labels, artists receive a large share of the profit and fans have the opportunity to invest and profit, as well.
You can see a video of the “Visitors” track below.
