Katagory V Fail Crowdfunding Goal, Call It Quits

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A story that unfortunately reveals the other side of the coin when it comes to crowdfunding. Prog metallers Katagory V did not meet their goal to record their 5th album, and are subsequently calling it quits.

Whilst many metal artists are turning to crowdfunding now as an alternative to allowing record labels completely control their lives (see Wintersun drama), many have been in total support in this huge turning point in the evolution of recorded music. Sadly the Katagory V story has shown that there is a downside in following this path, just plain not being able to hit the funding goal.

The band officially announced a break up in 2008, but never really came to a point that finally said the band would stop making music all together. A 5th and bow out album has been in the works since then, but with co-founder Matt Suiter being an opponent of the record industry, wanted to fund the album within the bands confines. Indiegogo was the most adequate choice, but sadly failed to meet the target and have bowed out without that 5th album.

The statement from the band is below:

“Now that the campaign has ended, and was sadly unsuccessful, it is time to make an announcement concerning the future of Katagory V.

“As much as I pains me to say this – I am officially announcing that Katagory V is no more. I have been trying to be positive for the past three years in hopes that the band would regroup, release the 5th album and continue on in some capacity, but as of today, it appears very unlikely that it will ever happen.

“It is financially impossible and economical to do so and still compete on a any level along side our peers. This indiegogo campaign was a true test to see if Katagory V was still relevant, If our fan base was large enough and dedicated enough to rally support & funding, if people still wanted to hear our music, and if we could survive the wild west of the digital age. This did not happen – We and over estimated our popularity and relevance in the heavy metal music scene. Because of this, there is no purpose for Katagory V to continue.

“Throw in a recession a few years ago, causing some band members to become jobless or financially strapped, going through divorces, having heath issues and expenses, losing places to rehearse/write/record, record labels being passive and flaky with communication & commitments, or just flat out showing general disinterested in working with us, and the music industry itself as a whole becoming a huge question mark and extremely unreliable; When you take ALL OF THAT into consideration, coupled with our failed indiegogo campaign, the end result made our ‘Middle-to-Lower-class’ band obsolete and unable to survive in the new musical climate of free-culturists, Tech-utopians, and those who feel that there is a money tree outside that supplies us with an endless supply of capitol to harvest from, so we can continue to create our art and exploit it ourselves.

“It is virtually impossible to do so when you have financial and moral responsibilities OUTSIDE of your music. Sorry for the small diatribe, but this is really what it all boils down to at the end of the day. This is the reality of being a musician today… and this is the future of music.

“Concerning the unreleased 5th album, ‘Resurrect the Insurgence,’ which was indeed completed and ready to be release for almost 4 years now; it is now in limbo. We are currently discussing a digital-only release, but because the band is done, it almost seems anti-climatic to do so – as if it is a participation trophy for ourselves and the true Katagory V fans who really wanted us to continue on. This is not what we wanted to see happen, however, we are considering the possibility and discussing the option.

“We came so close… yet so far. It is my opinion that this album would have been what finally set Katagory V apart from many other metal bands in our genre, as well as raising the bar for ourselves as musicians and songwriters; Not speaking for other members of the band, I honestly feel that everyone involved with the new album, including the three newest band members, Albert, Kris and Bizzaro, as well as the outside talents of Dennis (Ward), who all put in 110%, created a final product that far exceeded my own high expectations and rivaled anything we have ever released in the past.

“It could have been the album to finally gain Katagory V the due respect for our creative output, which is something we’ve always wanted since the beginning, but alas, we will probably never know if that would have been the case or not…

“It is unfortunate that Katagory V never really reached a point in it’s career where the band was able to create a large respectable following, or foothold in the scene, one that would allow us to be self-sustaining financially in this current musical climate, and permit the band to grow and progress creatively. At best, Katagory V had garnered a small, loyal cult following of fantastic and loving fans & friends scattered across the globe, all of whom we truly love and appreciate for their dedication and support over the years. We would have not even made it this far, or lasted this long, had it not been for their continued interest in our music. A huge thanks goes to them for even making Katagory V possible! Cheers to you!!!

“The amps are being turned off, mics and cables are being boxed up, and the lights in the room are turned off. Thanks to everyone for the memorable ride and 15 years of rebellion!”

A sad end to a fantastic band, but reality strikes again. As we have said before, we hope one day an equilbrium can be made to bridge the financial and political troubles caused in metal music.

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