Bands funded by their fans | Update

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A month after launching, music portal Sellaband just announced that it has signed up over 250 bands from more than 30 countries. As described in our previous article, Sellaband enables fans to invest in bands they believe in. More than 1,500 fans have signed up so far, buying over 2,500 stocks (or parts, as they're known on Sellaband). Parts let bands and 'believers' share profits from cd sales and advertising revenues on One band, Nemesea, is close to USD 10,000 in budget, and has attracted fans from all over the world. The band is determined to reach the end…

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