PledgeMusic Lost Almost $11 Million In The Last 3 Years

Two copies of a PledgeMusic presentation apparently designed to attract investors show that the crowdfunder lost nearly $11 million dollars between 2016 and 2018, despite generating more than $77 million. Continue reading

Share on:

If You Ever Ran Or Contributed To A PledgeMusic Campaign DO THIS NOW!

With PledgeMusic entering the UK equivalent of bankruptcy and calls for an investigation intensifying, the future of all of the data stored on the platform is seriously in doubt. Whether. Continue reading

Share on:

What The Fall Of PledgeMusic Means For Artists [Music Biz Weekly Podcast]

With the news that crowdfunding platform PledgeMusic is entering Administration, the UK equivalent of bankruptcy, music marketing veterans Michael Brandvold and Jay Gilbert of the Music Biz Weekly podcast explore. Continue reading

Share on:

PledgeMusic Story Is Starting To Sound Like A Broken Record says Bandzoogle’s Dave Cool

The demise of PledgeMusic and the hundreds of musicians left in its wake are a sadly familiar story for music industry veteran Dave Cool of Bandzoogle. "The company takes on. Continue reading

Share on:

This Week In Music Commentary

This week in music commentary, the industry as a whole calls for investigation of PledgeMusic, the ex-CEO of the company issues a letter of apology, UK musicians air their feelings. Continue reading

Share on:

TOP POSTS: This Week’s Most Read Posts On Hypebot

This week, some of Hypebot's most popular, chart-topping articles covered the music industry's reaction to PledgeMusic's bankruptcy, the growing rift between Spotify and the rest of the music business, some. Continue reading

Share on:

Industry Calls For Gov’t Investigation Of PledgeMusic As Crowdfunder Enters Administration

UPDATED: UK Music CEO Michael Dugher is leading a music industry campaign demanding that Small Business and Consumer Minister Kelly Tolhurst refer PledgeMusic to watchdogs at the UK's Competition and. Continue reading

Share on:

Ex-PledgeMusic CEO Benji Rogers Pens Letter Of Apology As Crowdfunder Files For Bankruptcy

PledgeMusic co-founder and former CEO Benji Rogers penned an open letter after it was announced that the troubled crowdfunder would be filling for bankruptcy. "I went back into PledgeMusic just. Continue reading

Share on:

PledgeMusic To Enter Administration As Sale Falls Through

A prospective sale of PledgeMusic has fallen through, and the company will enter administration, the UK equivalent of bankruptcy, sources with direct knowledge of the situation tell Hypebot.

Share on:

PledgeMusic Enters Pre-Administration As Buyer Deliberates

PledgeMusic.com Limited is in pre-administration, the UK version of a pre-bankruptcy, sale or reorganization, sources tell Hypebot. But as we previously reported, there is also still an active potential buyer.. Continue reading

Share on: