2546:
2556:
27:
238:
In early 2018, reports emerged of artists not being paid in accordance with their agreements with PledgeMusic. Also at that time, PledgeMusic's accounts for 2017 had not been filed with
Companies House in the UK and by then were 4 months overdue. On 24 January 2019, PledgeMusic issued a statement via
380:
PledgeMusic artists had the option of donating a percentage of their total or post-goal revenue to a charity of their choice. As of 2014, 67% of projects had been linked with a charity. Artists without a cause in mind were able to meet with the company's charity outreach specialist to pair them up
269:
Benji Rogers, the company's co-founder, stated in a blog post dated May 8 that efforts to sell the company had failed and that "PledgeMusic will shortly be heading into administration". Rogers said that the crowdfunding platform had used money that was pledged for use by musical artists to pay off
242:
On
January 29, PledgeMusic founder Benji Rogers issued a statement saying he was returning to the company as "a volunteer strategic advisor and observer to the board." While the company was still working to "sort the back payments issue", Rogers claimed that "all funds coming into the company from
199:
In the next few years, a number of complementary companies were also formed under the PledgeMusic banner. They were: PledgeMusic Retail Ltd on 18 June 2009; PledgeMusic
Recordings Limited on 18 August 2010 (originally named PledgeMusic 2.0 Limited); and PledgeMusic Publishing on 11 November 2010.
371:
PledgeMusic had two distinct types of campaigns: direct-to-fan and preorder. In direct-to-fan campaigns, fans were not charged until the project target was reached. If a target was not reached, fans were not charged. In preorder campaigns, fans were charged immediately, and the artist was paid
314:
frontman Ken
Andrews alleged PledgeMusic owed them $ 75,000 from their 2018 album campaign. Andrews further claimed that former CEO Dominic Pandiscia changed the company's policy of ring-fencing artists' money in 2016. Pandiscia denied the claims and mentioned considering legal action against
325:
By
September 2021, a startup direct-to-fan site, Sonicly, had hired Benji Rogers as a consultant, in an attempt to avoid making similar mistakes as PledgeMusic. Sonicly plans not to hold any funds paid by fans; instead artists will be paid directly via
239:
its blog page that claimed the company was having "discussions with several strategic players in the industry who have an interest in the PledgeMusic platform" and that it expects "payments will be brought current within the next 90 days."
2600:
155:
music platform, launched in August 2009. It was started to facilitate musicians looking to pre-sell, market, and distribute projects; such as recordings and concerts. It bore similarities to other artist payment platforms as
297:
On July 31, a petition to wind up PledgeMusic.com was heard in the High Court of London. The petition was presented by
Russell Rieger on behalf of the directors of PledgeMusic.com, who at that time were Russell Rieger,
685:
American
Association of Independent Music 2013 Annual Libera Awards (The "LIBBYs") 21st Century Award – celebrating the service provider or platform that was most beneficial to Independent labels and artists.
2595:
396:, in the UK House of Lords, described PledgeMusic as a "rather clever idea" in the context of developing proportionate legal structures to protect copyright within the creative industry.
183:
The company announced it was facing bankruptcy in May 2019, after a year of artists reporting slow payment problems. The company was granted permission to wind up on 19 August 2019.
2585:
1839:
2610:
786:
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for the winding up of PledgeMusic.com. The email was attempting to find potential buyers for all or part of the PledgeMusic business prior to selling off the company's assets.
1877:
1778:
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in which a leaked email was quoted, apparently sent from Robbie
Wirdnam, an assistant manager at FRP Advisory LLP, who, according to the email, were due to be appointed as
2590:
2580:
214:
In 2014, PledgeMusic reported a 90% campaign success rate (higher than
Kickstarter or Indiegogo), with most artists raising an average 140% of their goal. PledgeMusic and
2605:
1651:
1953:
922:
407:
decided against launching a similar service due to being unable to find a sustainable business model that would support a high number of lower-volume creators.
1914:
218:
teamed up to produce a documentary about 'super fans' and their role in the future of the music industry. The documentary features footage and interviews from
1897:
1687:
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Sometime between July 13 and July 25, the PledgeMusic.com website became unavailable. The latest archived copy held by web.archive.org was dated July 13.
1755:
935:
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the company's debts instead. Many artists who were pledged money through the website will most likely not receive the money that was promised to them.
1038:
1858:
988:
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258:
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PledgeMusic went bankrupt before John Zorn and hundreds of other artists were paid money owed via campaign pledges. In
November 2019,
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In March 2020, the BBC reported that the band CC Smugglers lost £20,000 when PledgeMusic went bankrupt. It also stated the
274:
is among the artists affected, who is owed $ 197,559, money which was pledged to help him finish his 25-year-long project,
1822:
1187:
1808:
1688:"PledgeMusic's Failed Promise Leaves Artists in Limbo and the Future of Music Crowdfunding in Jeopardy (9 February 2019)"
1740:
1335:
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Co-founders Benji Rogers and Malcolm Dunbar were named to The Hospital Club 100 list in 2013 in the category of Music.
327:
284:
Labour MP raised the question of musician and consumer protection in light of PledgeMusic's collapse, in Parliament.
1086:
702:
Benji Rogers, founder and ex-president of PledgeMusic, won A&R Worldwide's International Music Industry Awards'
1894:
1286:
281:
208:
Ginger Wildheart was awarded the 2012 Classic Rock Awards 'Event Of The Year' award for his PledgeMusic campaign.
1795:
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1600:
787:"Crowdfunding Site PledgeMusic Was an Antidote to Music Biz Middlemen—Until It Cheated Artists Out of Millions"
390:
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939:
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73:
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1014:"'This is becoming the Fyre Fest of crowdfunding': Anger grows as PledgeMusic owns up to late payments"
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By 2013, roughly thirty artists that used the site had subsequently signed label recording contracts.
2093:
2013:
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1211:
807:
690:
291:, had launched a survey to investigate the impact PledgeMusic's failure would have on the industry.
2158:
2023:
1977:
1915:"The Hospital Club 100 list 2013 | Culture professionals network | Guardian Professional"
963:
1064:
2198:
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319:
219:
1576:"Sonicly learned from PledgeMusic's mistakes to launch a music crowdfunding platform that works"
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227:
1856:
American Association of Independent Music — Blog — A2IM LIBBY Awards Final Nominees Announced
2481:
2441:
2431:
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2038:
731:
1336:"Written questions and answers – Written questions, answers and statements – UK Parliament"
876:"PLEDGEMUSIC RECORDINGS LIMITED – Overview (free company information from Companies House)"
670:
2011 Music Week Awards in the category "Consumer-Facing Digital Music Service of the Year".
2203:
1987:
1901:
1881:
1862:
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1212:"Game Over for PledgeMusic — Leaked E-mail Reveals Pre-Liquidation Fire Sale Set to Begin"
1039:"Music Crowdfunding Site PledgeMusic Falls Under Fire for Late Payments, Issues Statement"
746:
923:
Award-winning Ginger Wildheart Pledge campaign 'testament to commercial viability of D2F'
989:"PledgeMusic, Once a Crowdfunding Haven for Artists, Now Owes Them Thousands of Dollars"
196:
PledgeMusic was formed in the UK and registered with Companies House on 1 October 2008.
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900:"PLEDGEMUSIC PUBLISHING LTD – Overview (free company information from Companies House)"
481:
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1111:"PLEDGEMUSIC.COM LIMITED – Overview (free company information from Companies House)"
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Encourages artists to offer a wide range of incentives and exclusive content to fans
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1962:
852:"PLEDGEMUSIC RETAIL LTD – Overview (free company information from Companies House)"
342:
website. Features that the site claimed distinguished it from similar competitors:
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808:"PLEDGEMUSIC.COM LIMITED – Filing history (free information from Companies House)"
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2018:
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Not retaining any ownership or rights to any music created through the platform
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International, accepting artists, projects and pledges from all over the world
1505:"John Zorn attempts to recoup losses from Pledge Music bankruptcy – The Wire"
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2008:
1455:"PLEDGEMUSIC.COM LIMITED – Officers (free information from Companies House)"
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302:, Donald Ienner, Daniel Rowe and David Walsh, and was granted on August 19.
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Absorbs all transaction processing costs involved in pledging on a project
243:
now on will be managed by an independent third party (to be named soon)."
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2011 BT Digital Music Awards in the category "Best Innovation or Gadget".
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2010 BT Digital Music Awards in the category "Best Innovation or Gadget".
288:
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1262:"PledgeMusic Could Face Criminal Investigation Over Crowdfunding Fraud"
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PledgeMusic considered itself a direct-to-fan platform as opposed to a
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By June 5, a number of trade bodies in the United Kingdom, including
1483:"As A Crowdfunding Platform Implodes, A Legendary Composer Rebounds"
1360:"Trade bodies to assess impact of PledgeMusic 'campaign disruption'"
1312:"As A Crowdfunding Platform Implodes, A Legendary Composer Rebounds"
361:
No processing of any fund transactions until the fund target reached
2320:
2218:
1527:"Failure Frontman Raises Allegations Against Ex-Pledge Music CEO"
490:
In The Future Your Body Will Be The Furthest Thing From Your Mind
2601:
Companies that have entered administration in the United Kingdom
2148:
1837:
Thanks to SoundCtrl for Nominating Us for a 2013 FlashFWD Award!
1551:"PledgeMusic collapse: CC Smugglers fight to recoup £20k losses"
1287:"PledgeMusic Cofounder Benji Rogers Quietly Steps Aside at AMLC"
454:
1935:
1714:
1385:
964:"PledgeMusic Looks To Change The Future Of The Album Release"
1669:"Kickstarter's Drip follow-up has been canned before launch"
250:
was placed on PledgeMusic by Sword, Rowe & Company LLC.
1431:"Pledgemusic.com: information for customers and creditors"
1087:"Here's How Much Money 10 Artists Are Owed by PledgeMusic"
696:
PledgeMusic won the Grammy Music Technology Lab in 2013.
95:
1884:. Billboard.biz (2012-12-14). Retrieved on 2013-09-21.
422:
list is frequently updated to include new information.
352:
Encourages artists to include contributions to charity
2596:
Defunct crowdfunding platforms of the United Kingdom
1904:. PledgeMusic (2013-02-27). Retrieved on 2013-09-21.
1846:. PledgeMusic (2013-04-16). Retrieved on 2013-09-21.
415:
List of artists that used the site to raise money:
2384:
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2001:
1970:
1756:"Shayne Ward announces new album for February 2015"
958:
956:
138:
120:
112:
104:
90:
82:
72:
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33:
1875:Five Digital Startups to Watch in 2013 | Billboard
1811:. Archived from the original on September 2, 2011.
322:was still investigating the company's insolvency.
265:Administration and liquidation: May to July 2019
1509:The Wire Magazine – Adventures In Modern Music
1135:"PledgeMusic Statement About Payments Backlog"
680:SoundCtrl's 2013 Best in Artist Support award.
1947:
1865:. A2IM (2013-04-24). Retrieved on 2013-09-21.
8:
2586:2019 disestablishments in the United Kingdom
19:
2611:Technology companies disestablished in 2009
781:
779:
777:
704:Distinguished Digital Executive of the Year
2555:
1954:
1940:
1932:
693:"Five digital startups to watch in 2013".
499:$ 75,000 allegedly withheld by PledgeMusic
424:
25:
18:
16:Former online direct-to-fan music platform
2591:Online music stores of the United Kingdom
2581:2009 establishments in the United Kingdom
346:Sole focus on raising funds for musicians
2606:Technology companies established in 2009
773:
442:
306:Aftermath of insolvency and liquidation
1814:
1798:. Music Week. Retrieved on 2013-09-21.
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1474:
925:. Music Week. Retrieved on 2013-09-21.
1785:. Btplc.com. Retrieved on 2013-09-21.
1520:
1518:
7:
802:
800:
253:On May 3, a report was published in
222:and interviews with artists such as
1164:Wakefield, Jane (30 January 2019).
727:Comparison of crowdfunding services
1736:"Sum 41 to release comeback album"
1340:questions-statements.parliament.uk
372:directly upon project completion.
116:viewing – no, selling/buying – yes
14:
1141:. 24 January 2019. Archived from
2554:
2545:
2544:
1895:Wins Grammy Music Technology Lab
1686:Stutz, Colin (8 February 2019).
1667:Dredge, Stuart (June 17, 2019).
832:"PledgeMusic.com Filing History"
689:PledgeMusic was noted as one of
661:PledgeMusic was nominated for:
938:. sevensixtytwo. Archived from
527:£23,000 withheld by PledgeMusic
1809:"2011 BT Digital Music Awards"
389:In 2010, while discussing the
1:
1917:. Theguardian.com. 2013-11-19
1794:Williams, Paul. (2011-04-18)
1603:. PledgeMusic. Archived from
601:Money withheld by PledgeMusic
1796:Awards nominations announced
1481:Chinen, Nate (14 May 2019).
1236:Rogers, Benji (2019-05-08).
1715:"Neil Innes: Nearly Really"
126:; 15 years ago
86:Crowdsourcing for musicians
2627:
1459:beta.companieshouse.gov.uk
1192:beta.companieshouse.gov.uk
1115:beta.companieshouse.gov.uk
904:beta.companieshouse.gov.uk
880:beta.companieshouse.gov.uk
856:beta.companieshouse.gov.uk
812:beta.companieshouse.gov.uk
718:– similar services offered
417:
2540:
1821:: CS1 maint: unfit URL (
1407:"PLEDGEMUSIC.COM LIMITED"
1166:"The day the music died?"
1085:Aswad, Jem (2019-02-22).
234:Payment issues since 2018
24:
1018:Music Business Worldwide
1063:Danny Vaughn Official,
1971:Africa & West Asia
558:Bobby Long (musician)
2014:Article One Partners
1764:. 19 September 2014.
1654:May 5, 2011, at the
1411:www.thegazette.co.uk
1238:"PledgeMusic Update"
391:Digital Economy Bill
246:In February 2019, a
2024:The Audience Engine
1978:Bir Silgi Bir Kalem
1382:www.pledgemusic.com
139:Current status
21:
1900:2015-09-24 at the
1880:2012-12-19 at the
1861:2013-04-27 at the
1842:2015-09-24 at the
1781:2016-03-03 at the
1291:Digital Music News
1266:Digital Music News
1216:Digital Music News
1145:on 31 January 2019
968:Digital Music News
320:Insolvency Service
255:Digital Music News
2568:
2567:
1893:(Press Release)
1835:(Press Release)
1741:Alternative Press
1626:"PledgeMusic FAQ"
1378:"web.archive.org"
1364:www.musicweek.com
1066:Don't Use Pledge!
1045:. 24 January 2019
995:. 24 January 2019
654:
653:
625:Hopeless Records
602:
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500:
428:Release/End date
146:
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47:Available in
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2482:Return on Change
2442:I-Bankers Direct
2432:Funding4Learning
2049:Community Funded
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732:Fan-funded music
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591:The Book Beri'ah
570:Compass Records
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381:with charities.
276:The Book Beriah.
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204:Early successes
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1632:on 2010-12-29
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1607:on 2014-04-14
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451:January 2019
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41:
40:Direct-to-fan
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2512:TenPages.com
2502:Social Teeth
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2417:CrowdFundEDU
2402:Bountysource
2397:Blackstartup
2361:ShareTheMeal
2331:Innovestment
2275:VentureCrowd
2238:Asia-Pacific
2119:GlobalGiving
2059:Crowd Supply
2054:CrowdJustice
1963:Crowdfunding
1919:. Retrieved
1909:
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1645:
1634:. Retrieved
1630:the original
1620:
1609:. Retrieved
1605:the original
1595:
1584:. Retrieved
1582:. 2021-09-14
1579:
1570:
1559:. Retrieved
1557:. 2020-03-24
1554:
1545:
1534:. Retrieved
1530:
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1487:. Retrieved
1462:. Retrieved
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1386:the original
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1343:. Retrieved
1339:
1330:
1319:. Retrieved
1315:
1306:
1295:. Retrieved
1293:. 2019-05-14
1290:
1281:
1270:. Retrieved
1268:. 2019-05-10
1265:
1256:
1245:. Retrieved
1241:
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1220:. Retrieved
1218:. 2019-05-03
1215:
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1170:. Retrieved
1159:
1147:. Retrieved
1143:the original
1138:
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1114:
1105:
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1090:
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1070:, retrieved
1065:
1058:
1047:. Retrieved
1042:
1033:
1022:. Retrieved
1020:. 2019-01-24
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992:
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972:. Retrieved
970:. 2014-01-30
967:
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940:the original
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879:
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859:. Retrieved
855:
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826:
815:. Retrieved
811:
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660:
648:PledgeMusic
643:
618:
590:
565:
521:Innes Music
516:
489:
469:Independent
462:
414:
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340:crowdfunding
337:
324:
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300:Joshua Sason
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213:
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198:
195:
182:
148:
147:
113:Registration
35:Type of site
2477:PledgeMusic
2452:Lone Signal
2316:DigVentures
2255:Impact Guru
2154:Kickstarter
2134:Groundfloor
2019:ArtistShare
1761:Digital Spy
1699:25 February
1139:PledgeMusic
691:Billboard's
636:Shayne Ward
537:Lucky Chops
405:Kickstarter
162:Kickstarter
158:ArtistShare
149:PledgeMusic
96:pledgemusic
20:PledgeMusic
2575:Categories
2560:Comparison
2462:Neighborly
2346:Planeta.ru
2326:FundedByMe
2306:Companisto
2214:SeedInvest
2189:Piggybackr
2164:LaunchGood
2144:InvestedIn
2114:GiveSendGo
2094:Experiment
2044:CommonBond
2029:Change.org
1921:2014-06-01
1673:Music Ally
1636:2010-07-20
1611:2013-05-29
1586:2021-12-07
1561:2021-04-23
1536:2020-02-04
1464:2019-07-27
1440:2020-02-04
1416:2019-07-31
1392:2019-07-27
1345:2021-04-23
1321:2019-05-16
1297:2019-05-16
1272:2019-05-16
1247:2019-05-09
1222:2019-05-04
1197:2019-07-27
1172:31 January
1149:31 January
1120:2019-01-27
1096:2019-03-19
1072:2019-01-27
1049:2019-01-27
1024:2019-01-27
999:2019-01-27
974:2014-06-01
946:2013-05-29
909:2019-07-27
885:2019-07-27
861:2019-07-27
837:2021-04-21
817:2019-08-19
758:References
716:Bandzoogle
509:Neil Innes
420:incomplete
394:Lord Errol
280:On 9 May,
228:San Fermin
105:Commercial
74:Founder(s)
2532:YouCaring
2527:TrustLeaf
2497:Sellaband
2492:RocketHub
2457:Mobcaster
2427:Fundageek
2366:Spacehive
2341:Liberapay
2311:Crowdcube
2301:Bergfürst
2280:Wishberry
2139:Indiegogo
2129:GoyFundMe
2089:EquityNet
2069:Crowdrise
2009:AngelList
1988:Headstart
1965:platforms
1693:Billboard
1043:Pitchfork
993:Billboard
791:Pitchfork
768:Citations
737:Music 2.0
620:13 Voices
583:John Zorn
411:Campaigns
401:Musically
315:Andrews.
272:John Zorn
216:Lynda.com
192:Formation
178:Sellaband
174:RocketHub
166:Indiegogo
2550:Category
2517:Tilt.com
2507:Sponsume
2472:PieShell
2467:Offbeatr
2447:Junction
2437:@HopeMob
2422:Fondomat
2376:Zinsland
2336:Invesdor
2296:Beesfund
2265:PledgeMe
2260:MusicBee
2229:Wefunder
2199:Republic
2124:GoFundMe
2109:FundRazr
2079:DonorSee
2074:DonorBox
2064:Crowdpac
2034:CircleUp
2002:Americas
1993:OurCrowd
1898:Archived
1878:Archived
1859:Archived
1840:Archived
1817:cite web
1779:Archived
1652:Archived
1555:BBC News
1531:Loudwire
1188:"Charge"
742:Netlabel
710:See also
706:, 2014.
385:Critique
289:UK Music
142:Bankrupt
121:Launched
83:Industry
62:Japanese
2385:Defunct
2356:Seedups
2270:Pozible
2250:Birchal
2224:Wedidit
2179:Patreon
1983:Eureeca
1580:Hypebot
1316:NPR.org
1091:Variety
752:Web 2.0
595:Tzadik
566:Sultans
482:Failure
431:Artist
376:Charity
312:Failure
187:History
170:Patreon
131:2009-08
129: (
65:Spanish
53:English
2371:Symbid
2351:Seedrs
2289:Europe
2245:Asiola
2194:Prizeo
2104:Fundly
2039:Classy
1720:30 Dec
1489:16 May
1435:GOV.UK
1242:Medium
657:Awards
644:Closer
640:Album
615:Album
611:Sum 41
562:Album
541:Album
513:Album
486:Album
464:Tricks
459:Album
440:Label
328:Square
59:German
56:French
2321:EdAid
2219:Watsi
1601:"FAQ"
1485:. NPR
1168:. BBC
763:Notes
579:2018
554:2018
533:2018
505:2018
478:2018
446:Note
434:Type
418:This
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Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
