Monaco were a side project of New Order bassist Peter Hook. Together with David Potts, the only remaining member of Revenge, the band was formed in 1995. The group is best known for the 1997 single "What Do You Want From Me?" and the album from which it was taken, Music for Pleasure, which sold over half a million copies. Hook and Potts currently work together in The Light.
Follow-up album "failures"
In 1999, Polydor Records rejected Monaco's follow up album, the self-titled Monaco, due to the radically changing trends in music at the time in a money saving move reducing their artists to the more popular music. Papillon Records agreed to pick up the album, though the planned single release of "I've Got A Feeling" was recalled in the UK due to sample clearance issues. Despite favorable reviews, the album was released with almost no promotion at all; it is now sought after as a collector's item and fetches fairly high prices on sites like Amazon.com and eBay.