PledgeMusic To Enter Administration As Sale Falls Through

A prospective sale of PledgeMusic has fallen through, and the company will enter administration, the UK equivalent of bankruptcy, sources with direct knowledge of the situation tell Hypebot.

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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. Continue reading

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Reddit Co-Founder Alexis Ohanian Tells Musicians To Go Crowdfund Themselves

By Eliot Van Buskirk of Evolver.fm. Reddit co-founder Alexis Ohanian, Chief Swine Defender (his real title) at BreadPig, just gave the second of three keynote addresses on the first day. Continue reading

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