The Era of corporate advertising may have just entered a new level. An unsigned band from Seattle will now be called The BuyStock.net Band after selling their naming rights for $250,000. The three member band reported was having trouble coming up with a band name when the band's bassist Kevin Russell reportedly suggested that the band sell their name to a sponsor.
"Initially we didn't take the idea seriously but later realized it was brilliant," said lead singer Ben Adley. "Sports stadiums do it, why not a band?"
The band says they will use the money to fund the recording and release of their first album.
"We're a new band that needs cash to record our first album. It's as simple as that," says Adley. "We've written a lot of songs and we want to record them in a quality studio and to do that takes cash."
The band has made their first single availble to download at, you guessed it - BuyStock.net.
What do you think, is it wrong for band's to sell their name?
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