Crowdfunding has become a well tested fundraising tool, particualrly for independent musicians. But the ongoing troubles at PledgeMusic have led many to look for alternative approaches. Tommy Stalknecht, the CEO of Spotify music distribution app Single surveys the current music crowdfunding landscape and offers a well tested direct-to fan alternative….
Category archives: PledgeMusic
PledgeMusic Deathwatch – Contributions to Active Campaigns Suspended
Just how soon should we expect PledgeMusic to utterly give up and throw in the towel? PledgeMusic has gone from pretty bad to even worse. First blaming a ‘transition in payment platforms,’ the embattled British crowdfunding platform now owes artists hu…
PledgeMusic Advises Artists To Suspend All Campaigns [UPDATE]
Pledge Music has sent an email to artists with active crowdfunding campaigns advising them to "suspend" them immediately, Hypebot has confirmed. The company also suspended new fan contributions to all campaigns overnight Wednesday. Attempts to contribute to multiple campaigns on Thursday morning resulted in a pop-up reading: "Dear Fans, Unfortunately…
PledgeMusic in discussions with ‘several interested parties’ over acquisition or partnership
“These conversations, if successful, would lead to a transaction which would allow us to meet all of our outstanding obligations.”
The post PledgeMusic in discussions with ‘several interested parties’ over acquisition or partnership appeare…
PledgeMusic Issues Update As Talks To Save It Continue
PledgeMusic, which has been plagued by months of late payments and non-payments to artists, has issued a new statement as part of an aggressive attempt to save the struggling music crowdfunding platform, which many artists, labels and marketers have come to rely on. This week, founder Benji Rogers returned to…
TOP POSTS: This Week’s Most Read Posts On Hypebot
This week on Hypebot, some of our most popular articles covered hotly debated issue of whether physical CDs are still worth the manufacturing cost, PledgeMusic’s game of fastball as others exit the platform, ways in which music videos will dramatically shift in 2019, and more! Is Printing, Selling Physical CDs…
PledgeMusic Co-Founder Benji Rogers Returns As Advisor, Promises 3rd Party Financial Oversight
PledgeMusic Co-Founder Benji Rogers is returning to the struggling crowdfunder as a volunteer strategic advisor and observer to the board. PledgeMusic has come under fire over the last six months for widespread late payments and non-payments to artists. "I have seen first hand how tirelessly the team, management and board…
Benji Rogers Pens New Open Letter To PledgeMusic Artists and Fans [FULL TEXT]
Benji Rogers is returning to PledgeMusic as a "volunteer strategic advisor and observer to the board" as the music crowdfunding platform continues to struggle to pay artists monies pledge to by their fans. In keeping with the sincerity and openness that has made him a popular figure in music tech,…
UK crowdfunding firm Show4me attracts $12.8 million investment
Show4me is owned by UK-based company Wefuture
The post UK crowdfunding firm Show4me attracts $12.8 million investment appeared first on Music Business Worldwide.
Seven startups Spotify should (try to) buy to better serve artists
Merch, hardware, A&R, crowd-funding and more offered by some impressive young companies
The post Seven startups Spotify should (try to) buy to better serve artists appeared first on Music Business Worldwide.