Liz Longley smashes Kickstarter total to buy album back from label
When crowdfunding platform Kickstarter first started making waves in the music industry in the early 2010s, the pitch from artists was often ‘help me to make my new album independently’. In 2019, in the case of...
October 23, 2019
Amanda Palmer says artists still fear crowdfunding criticism
Amanda Palmer was one of the first artists to make big headlines with a crowdfunding campaign, thanks to her 2012 Kickstarter campaign which raised nearly $1.2m for an album, art book and tour. Since then, she’s switched...
September 5, 2019
UK Music wants government to step in over PledgeMusic collapse
Yesterday saw PledgeMusic’s winding-up hearing in London, which had only been reported on (and thus made known to artists owed money by the stricken crowdfunding company) the day before. No surprise, then, that industry...
August 1, 2019
VRJam launches crowdfunding campaign for its AR/VR music tech
Music Ally wrote about startup VRJam in April, when it was trying to raise $500k of seed funding for a technology offering live ‘XR’ streams of music performances in virtual AND augmented reality. Now the company has...
July 31, 2019
PledgeMusic set for winding-up hearing in London today
Troubled crowdfunding company PledgeMusic’s website has been offline since earlier this month, with a message promising that “The company continues to work with outside counsel on the most appropriate next steps, and...
July 31, 2019
ROCCR aims to restore crowdfunding’s reputation after PledgeMusic troubles
The well-documented troubles of crowdfunding platform PledgeMusic have left a number of artists out of pocket and waiting to find out if the company will be rescued by a buyer. One of those affected was British band Jesus...
July 12, 2019
Kickstarter’s Drip follow-up has been canned before launch
Crowdfunding platform Drip began life as a project out of independent label Ghostly International: a way for indie labels and artists to raise money from fans through ongoing subscriptions. In early 2016 its founders announced plans...
June 17, 2019
Composer John Zorn says he’s owed nearly $200k by PledgeMusic
Composer John Zorn is the latest musician to go public on his experience with troubled crowdfunding platform PledgeMusic. Zorn used the site in 2018 for the release of his 11-album box-set ‘The Book Beriah’, raising $197,559...
May 16, 2019
UK Music boss calls for investigation into PledgeMusic collapse
Crowdfunding firm PledgeMusic’s imminent administration looks set to get messy, with the inevitable scrutiny of how the company got into a financial hole – and crucially, what happened to the money raised by artists...
May 13, 2019
PledgeMusic co-founder confirms imminent administration
The co-founder of stricken crowdfunding service PledgeMusic has confirmed that it will shortly enter administration. Benji Rogers, who has been volunteering his services to help the company out of its financial hole, admitted...
May 9, 2019
PledgeMusic goes into pre-administration: report
Hypebot is reporting that PledgeMusic has gone into pre-administration as its future now hangs in the balance. According to sources, a buyer for the troubled crowdfunding platform is still possibly in the wings seeking to...
May 7, 2019