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
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...
February 4, 2021
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...
January 22, 2021
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
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...
September 22, 2020
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...
April 22, 2020
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.
March 27, 2020
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...
March 23, 2020
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...
February 24, 2020
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...
February 19, 2020
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...
February 12, 2020