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British Rocker Has Fans Fund New Album

For a $15 investment, you'll own a piece of Patrick Wolf's music

By Katherine Thompson, Newser Staff

Posted Dec 10, 2008 4:03 PM CST

(Newser) – The British indie musician Patrick Wolf thinks fan involvement is the future of the music industry, and he's willing to put their money where his mouth is, NME reports. Fans who sign up through the website Bandstocks.com will be able to help fund Wolf's album—and earn perks like premium tickets and limited-edition albums in the process.

"It's the beginning of the future for artists and musicians in the music industry. There's no way we can rely on conglomerate, corporate companies anymore," Wolf says. For a $15 contribution, "you get a share in the album. So you almost become part of the record company, like a co-owner of the album."

[Images (3)]

[Videos (1)]

UK rocker Patrick Wolf arrives at the Shockwaves NME Awards 2008 at IndigO2 on February 28, 2008 in London, England. (Getty Images)

Patrick Wolf with Peaches Geldof at the after-party for the Shockwaves NME Awards 2008 at IndigO2 on February 28, 2008 in London, England. (Getty Images)

Patrick Wolf performs on the 'MySpace Bus' at 'Underage,' a festival for under 18-year-olds at Victoria Park on August 10, 2007 in London, England. (Getty Images)

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The official video for Bluebells by Patrick Wolf from the 2006 album "The Magic Position" (patrickwolftv)

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British Rocker Has Fans Fund New Album