Spotify Launches Fan Fundraising With $100 Gift To Every Artist

Spotify has launched the wonderfully timed but awkwardly titled Artist Fundraising Pick to help musicians raise much-needed funds from fans. Just as artists can select any piece of music to. Continue reading

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30,000 New Creators Launched On Patreon In First 3 Weeks Of March

More than 30,000 musicians and other creators launched their first campaigns on Patreon in the days right after the coronavirus pandemic began to take hold globally. The number of fans. Continue reading

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Founder Benji Rogers and A PledgeMusic Staffer Respond To News That Artists Will Never Be Paid

After news broke yesterday that PledgeMusic had $9.57 million in debt and assets worth $25,000 leaving "little prospect" that artists and other creditors will be paid, Hyepbot heard from two. Continue reading

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PledgeMusic Owes $9.5M Leaving ‘Little Prospect’ That Artists Will Be Paid says UK Court

[UPDATE] PledgeMusic entered liquidation with $9.57 million in debt and assets worth just $20,000, according to court documents obtained by Hypebot. With an "estimated deficiency" of $9.5 million and secured. Continue reading

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PledgeMusic Bankruptcy Receiver Has ‘No Update’ 2 Months After Appointment

The Official Receiver named to oversee the liquidation of  PledgeMusic.com Ltd had "no update" when contacted this week by Hypebot.

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Court Allows PledgeMusic To Sell Off Assets, UK Music Industry Demands Investigation

PledgeMusic was in a UK courtroom yesterday to begin the process of "winding up" the company, the UK equivalent of liquidation of remaining assets. A UK judge has approved the. Continue reading

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L7 Pledges Legal Action Against PledgeMusic

In an open letter to fans, indie band L7 summarized their own experience and those of other musicians: "in a nutshell, the funds that many bands and their supporters raised. Continue reading

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PledgeMusic says “All data has been preserved”

PledgeMusic pulled its web site offline Thursday leaving artists without the ability to access and download previous fan and order data. The shuttered service now says that all data has. Continue reading

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ROCCR Is A Non-Profit, Transparent PledgeMusic

UPDATED: As the effects of the collapse of crowdfunder PledgeMusic rippled through the music community, Iain Baker of UK rock group Jesus Jones was one of its most outspoken critics. . Continue reading

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A Legal View Of The Fall Of PledgeMusic and What Could Happen Next

Earlier this week, Hypebot published an important Music Biz Weekly podcast interview with Attorney Chris Castle delving into the demise of PledgeMusic and its legal ramifications for artists, vendors and. Continue reading

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