Over 70,000 new creators have signed up to Patreon since mid-March, including a 150% increase in the number of musicians

Platform also sees 20% increase in number of subscribers
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Over 30,000 creators signed up to funding platform Patreon in first 3 weeks of March

‘This moment in time is one of the strongest influxes of memberships that we’ve ever seen.’
The post Over 30,000 creators signed up to funding platform Patreon in first 3 weeks of March appeared first on Music Business Worldwide.

Patreon Raises Another $60 Million — and Projects $1 Billion in Creator Payouts by the End of This Year

Patreon has confirmed a new fundraising milestone. Co-founder and CEO Jack Conte announced that the crowdfunding platform has raised $60 million in a Series D funding round. Glade Brook Capital led the funding round.  Patreon also welcomed back previou…

Patreon Adds $60M To ‘Take Membership To The Next Level’

Creator subscription platform Patreon has raised an additional $60 million that it says will be used "to take creator memberships to a whole new level." Patreon has more than 3 million active patrons and 100,000 creators on the platform, and has paid out more than $1 billion to date. This…

The Death of Crowdfunding? Kickstarter’s Drip ‘Reboot’ Scrapped Following Unviable Business Model

In an effort to better compete against Patreon, Kickstarter unveiled Drip. The crowdfunding platform first acquired Drip in March 2016.  Ghostly International had launched its independent patronage platform in 2012 to “support musicians through subscri…

5 Music Crowdfunding Myths – Busted! [Ariel Hyatt]

Crowdfunding has become a key tool in the DIY artist toolkit, but doing it successfully is harder than it looks. Here Cyber PR’s Ariel Hyatt does a little myth busting to help set the stage for success. By Ariel Hyatt of Cyber PR The more I study the realities of…

How To Build Your Crowdfunding Team – A Musician’s Guide

Ariel Hyatt’s best selling book CROWDSTART is now a 3-part masterclass – Cyber PR LAB 9. With leading crowdfunding service PledgeMusic at least temporarily offline, this must-read book excerpt and the course are more important than ever. By Ariel Hyatt of Cyber PR and the CROWSTART book and masterclass. While…

Patreon Raises Some Prices, Reports 100K Creators Earn $500M Yearly

[UPDATED] Patreon has added new tier pricing which mean higher fees for many new creators using the fan funding platform. To take advantage of the lower grandfathered rates, creators must Patreon in the next few weeks before the new rates hit in early May. 3 million fans now pay 100,000…

Patreon Has over 3 Million Patrons and Expects to Pay $500 Million in 2019

Patreon may have announced a new milestone, but competition continues to heat up. According to a report published early last year, content creators, including musicians, songwriters, and bands, should think twice before quitting their day job if they’r…