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From former Psychic Tv member Jhonn Balance and it's founder Peter "sleazy" Christopherson (also a former member of Throbbing Gristle) came the experimental band Coil. Not to be confused to those other bands who use the word "Coil" in the band names (and there are a lot of them).
The band lasted from 1983-the 2000's. Sadly Jhonn Balance died in November 13th 2004 and Peter would die in the same month 6 years later on the 25th.