Patreon and Clubhouse funding rounds come with $4bn valuations
Neither Patreon nor Clubhouse are ‘music/tech startups’ specifically, but both are highly relevant to our industry and – particularly in Patreon’s case – its artists. And it seems both companies may be rocking...
April 7, 2021
Artist Bhad Bhabie made $1m-plus from OnlyFans in six hours
Rapper Bhad Bhabie is the latest artist experimenting with fan-funding platform OnlyFans, and she's making good money already. She joined the platform last week, and posted a screenshot on her Instagram showing her takings...
April 6, 2021
Concert streaming site MySongbird seeks $5m in crowdfunding
New rules on equity crowdfunding in the US will allow startups to raise up to $5m a year from ‘non-accredited’ investors (i.e. the general public). Expect a wave of startups testing it out, including music firms....
March 17, 2021
Artist Tom Vek is crowdfunding a Sleevenote music player
In 2016, we interviewed artist Tom Vek about his work on a mobile app called Sleevenote, which offered "interactive sleeve artwork for your digital music". He'd clearly been thinking hard about the listening experience...
November 13, 2020
Music Venue Trust launches new ‘Traffic Light’ campaign
UK body the Music Venue Trust had great success recently in helping grassroots venues secure £41.4m in government funding to secure their futures. Now it's kicking off a new phase of its campaign to protect hundreds...
November 11, 2020
Sandbox Issue 261: The return of the fanclub? Crowdfunding in 2020
Lead: Crowdfunding in 2020 – Crowdfunding is not a new idea – but following the nosedive of recorded music sales in the early noughts, crowdfunding became a tantalising concept: fanbases could be leveraged into...
September 30, 2020
Shesaid·so launches Patreon to ‘stay alive and independent’
We've written regularly about the activities of Shesaid·so, the community for women and gender minorities in the music industry, which was founded nearly six years ago. Now it has announced plans to launch a new community...
September 23, 2020
Music recording app Audiobridge launches equity crowdfunder
Audiobridge is one of the startups trying to do clever things in the cloud with the music recording process. Its iOS app enables musicians to work remotely on multi-track projects, recording and uploading tracks from their...
July 28, 2020
Music app Endlesss hits Kickstarter target for desktop app
We’ve reported regularly on British music-making app startup Endlesss: from our interview with its CEO last year to its recent launches of an iOS app and its own record label. Now Endlesss is turning to crowdfunding...
June 4, 2020
Today’s positive coronavirus-related industry news (29 April)
A group of concert promoters, venues and show producers are calling for the US Congress to expand its coronavirus relief packages to businesses in the live sector. Billboard has a copy of their request, which claims that...
April 29, 2020
Spotify’s Daniel Ek talks churn, fan funding and why Covid-19 ‘might be a much better time to release music’
The Covid-19 pandemic is leading some labels to postpone big album releases, especially those for which tours were a big part of the marketing plans. Some big artists, like Dua Lipa and The Weeknd, have put out their albums...
April 29, 2020
Spotify ‘Artist Fundraising Pick’ tool is going live today
Last month, we reported on Spotify’s announcement that artists would soon be able to “link out to a verified funding page for themselves, for another artist in need, or for a separate initiative of their choice” from...
April 22, 2020