The band was formed in 1982 by aspiring pop stars Bill Macrae and Ricky Gervais. Their single "More to Lose", released in 1983, only made it to number 70 on the UK charts, and the band quickly disbanded in 1984. A year later, in 1985, a DJ from 99.5 DWRT-FM in Manila in the Philippines started playing a song called "Fade" by Medium (also billed as "Medium" by Fade). It became a runaway hit, and the angsty theme song for many Filipino teenagers in the mid 1980s. Eventually, the identity of the song was revealed as "More to Lose" by Seona Dancing. Bill Macrae faded into obscurity, but years later Ricky Gervais found new fame as the co-writer and star of the hit BBC comedy The Office.