D.I.Y.

Pledge Music Launches Latest Fan Funding Platform

Move over Sellaband and Slicethepie.  New UK based Pledge Music has launched the latest platform to help artists raise cash for a new recording project from fans.  There's not much new in the Pledge pitch except a nice option to donate a portion of the proceeds to charity.  The particulars:

  1. image from profile.ak.fbcdn.netThe fan is only charged once the pledge target is reached. 
  2. Pledge takes a 15% commission of funds raised.
  3. Artist retains 100% of their rights.
  4. Artist chooses where to record and with whom
  5. Artist can opt in to making a charitable donation.
  6. Pledge recommends third party services to help complete the release process.
  7. The second time you use Pledge our fee reduces to only 10%, provided your first project was successful.

What services have you used to or are thinking about using to fund a recording project?

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