Tag: patreon

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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...
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Podcaster Joe Budden joins Patreon as ‘head of creator equity’

Joe Budden was one of Spotify’s first big podcast signings back in August 2018, with an exclusive on his popular hip-hop show. However, two years later Budden binned off the streaming service in public fashion, claiming...
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Report: Patreon could file to go public later in 2021

Patreon is now generating more than $100m in annualised revenues, according to a new profile of the company by tech site The Information. That means it’s currently generating more than $8.3m a month, which would be...
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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...
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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...
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Amanda Palmer launches The Art of Asking Everything podcast

Artist Amanda Palmer has always been eager to explore new ways of connecting with her fans. The latest example is a weekly podcast, The Art of Asking Everything. It launches on 29 September with 10 episodes already lined...
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Patreon lays off 13% of staff amid Covid-19 uncertainties

Fan-funding firm Patreon is laying off 13% of its staff, which according to TechCrunch is 30 employees. The company cited the Covid-19 pandemic as the cause. “It is unclear how long this economic uncertainty will last...
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Today’s positive coronavirus-related music industry news (27 March)

Let’s start today with Germany, at a time when bodies representing musicians and the music industry are pressing governments around the world for relief and support.
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Today’s positive coronavirus-related music industry news (23 March)

Music Ally is trying to write a story every working day, rounding up the good, practical things happening in and around our industry: focusing on relief efforts and other initiatives from the music industry and music / tech...
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Patreon CEO promises no ‘invisible boost’ to Capital creators

Last week, we reported on fan-funding service Patreon’s launch of a new service called ‘Patreon Capital’, providing cash advances to creators, repayable from future income earned on its platform. In an ‘Ask Me...
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Patreon Capital will provide cash advances to creators

Patreon appears to be testing a new way of getting money to its community of creators, paying them advances on their earnings from their fan communities. It’s called Patreon Capital, and first news of it emerged in a report...
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Patreon ramps up European ambitions with new Berlin office

Fresh from signing up M.I.A. to fan-fund on its service, Patreon has opened an office in Berlin. It’s part of a wider expansion across Europe, with offices already in Porto and Dublin. Patreon is also allowing newly-signed-up...