As I and others have pointed out, raising money is not the only possible benefit of crowdfunding. If you have an appropriate story, it's possible to get coverage in all sorts of media outlets from music sites to local newspapers. In addition, an increasing range of sites are now featuring news about specific campaigns.
Music Sites Covering or Promoting Crowdfunding Campaigns
50K Music Mag started with a focus on Sellaband and now features musicians crowdfunding on a variety of platforms.
Radio Crowdfund offers "weekly tales of new music discovery from the crowdfunding wilderness" covered by Paul Schomer and includes crowdfunded music released in the previous 6 months.
theMusic.com.au is an Australian-focused music site with a regular series called We Want The Funds. They tend to feature Australian acts but I've seen other bands on there and the form at the end of each We Want The Funds column appears open to all.
Tone Deaf is another Australian music site that has a regular column called Crowdfunding Forecast that includes non-Australian acts. It's not exactly clear how best to submit info on your campaign but here's the contact page.
General Interest Sites Featuring Crowdfunding Campaigns
It's a good day for #crowdfunding your idea. Do you want a story to cover your crowdfunding project? Follow us and direct message.— SVCrowdFundNews.com (@svcrowdfundnews) June 11, 2013
Also from Crowd Crux:
Hypebot Senior Contributor Clyde Smith (@fluxresearch/@crowdfundingm) also blogs at Flux Research and Crowdfunding For Musicians. To suggest topics for Hypebot, contact: clyde(at)fluxresearch(dot)com.