Court Allows PledgeMusic To Sell Off Assets, UK Music Industry Demands Investigation
PledgeMusic was in a UK courtroom yesterday to begin the process of "winding up" the company, the UK equivalent of liquidation of remaining assets. A UK judge has approved the. Continue reading
L7 Pledges Legal Action Against PledgeMusic
In an open letter to fans, indie band L7 summarized their own experience and those of other musicians: "in a nutshell, the funds that many bands and their supporters raised. Continue reading
Miss Anything? REWIND: The New Music Industry’s Last Week In Review
In this tick back through a busy week in the music industry, we revisit the shuttering of PledgeMusic's website, Live Nation's acquisition of Latin concert giant OCESA, the latest milestone. Continue reading
PledgeMusic says “All data has been preserved”
PledgeMusic pulled its web site offline Thursday leaving artists without the ability to access and download previous fan and order data. The shuttered service now says that all data has. Continue reading
PledgeMusic Takes Website Offline
PledgeMusic, which suspended operations in February, has all but shut down its website. "The company continues to work with outside counsel on the most appropriate next steps, and we will. Continue reading
Filter Cancel Reunion After PledgeMusic Fiasco
Last year, the band Filter had announced that original members Richard Patrick and Brian Liesegang were reuniting to record a new album, their first since the band's 1995 debut, 'Short Bus.' The. Continue reading
A Legal View Of The Fall Of PledgeMusic and What Could Happen Next
Earlier this week, Hypebot published an important Music Biz Weekly podcast interview with Attorney Chris Castle delving into the demise of PledgeMusic and its legal ramifications for artists, vendors and. Continue reading
Attorney Chris Castle On PledgeMusic, How It Happened and What’s Next [Music Biz Weekly Podcast]
Attorney Chris Castle sits down with Micahel Brandvold and Jay Gilbert on the Music Biz Weekly Podcast to talk about Pledgemusic. Castle offers his insights into when the current debacle. Continue reading
This Week In Music Commentary
In music commentary this week, industry experts weigh in on how Spotify's new ad campaign reinforces the need for user-centric royalties, PledgeMusic's ongoing pursuit of a sale, why it's time. Continue reading
PledgeMusic Board Says It’s “Continuing To Pursue a Sale”
It has been a little over 5 months since PledgeMusic suspended all campaigns and payments, and two months since FRP Advisory began contacting buyers as part of Pre-Administration, the UK. Continue reading