Tag: crowdfunding

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Corite raises $24k in fan-funding for artists in first month

Music Ally wrote about the beta launch of Swedish fan-funding startup Corite in October, with five artists raising money from fans in exchange for a share of their royalties. Now the company has provided an update on how...
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Patreon has now paid out more than $1bn to its creators

Crowdfunding platform Patreon has published some new stats, including a pair of significant milestones. First, that creators have earned more than $1bn from Patreon since its launch, and second, that there are now more than...
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Sandbox Issue 240: Music Marketing’s Wellness and Fitness Drive

This is the lead feature from our fortnightly Sandbox magazine, which focuses on essential skills and information for the modern music business. You can download the full issue here   People are increasingly attuned...
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Crowdfunding is still effective – and it’s still not begging (guest column)

This article is an excerpt from Ari Herstand's second edition of How to Make It in the New Music Business: In 2009, I was co-managing one of my favorite Minneapolis bands with my girlfriend. I was actively touring, playing...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...