2557:
2567:
38:
249:
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
391:
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
280:
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
253:
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
210:
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.
382:
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
325:
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
336:
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
250:
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."
2611:
166:
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
308:
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,
696:
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.
2606:
407:, 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.
194:
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.
2596:
1850:
2621:
797:
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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.
1888:
1789:
1586:
1024:
268:
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
2601:
2591:
225:
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
2616:
1662:
1964:
933:
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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.
1925:
229:
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
1908:
1698:
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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.
1766:
946:
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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.
1049:
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999:
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1957:
269:
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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
285:
is among the artists affected, who is owed $ 197,559, money which was pledged to help him finish his 25-year-long project,
1833:
1198:
1819:
1699:"PledgeMusic's Failed Promise Leaves Artists in Limbo and the Future of Music Crowdfunding in Jeopardy (9 February 2019)"
1751:
1346:
710:
Co-founders Benji Rogers and Malcolm Dunbar were named to The Hospital Club 100 list in 2013 in the category of Music.
338:
295:
Labour MP raised the question of musician and consumer protection in light of PledgeMusic's collapse, in Parliament.
1097:
713:
Benji Rogers, founder and ex-president of PledgeMusic, won A&R Worldwide's International Music Industry Awards'
1905:
1297:
292:
219:
Ginger Wildheart was awarded the 2012 Classic Rock Awards 'Event Of The Year' award for his PledgeMusic campaign.
1806:
1636:
1611:
798:"Crowdfunding Site PledgeMusic Was an Antidote to Music Biz Middlemen—Until It Cheated Artists Out of Millions"
401:
2270:
950:
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84:
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2144:
568:
1025:"'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.
2104:
2024:
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1222:
818:
701:
302:, had launched a survey to investigate the impact PledgeMusic's failure would have on the industry.
2169:
2034:
1988:
1926:"The Hospital Club 100 list 2013 | Culture professionals network | Guardian Professional"
974:
1075:
2209:
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330:
230:
1587:"Sonicly learned from PledgeMusic's mistakes to launch a music crowdfunding platform that works"
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238:
1867:
American Association of Independent Music — Blog — A2IM LIBBY Awards Final Nominees Announced
2492:
2452:
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2049:
742:
1347:"Written questions and answers – Written questions, answers and statements – UK Parliament"
887:"PLEDGEMUSIC RECORDINGS LIMITED – Overview (free company information from Companies House)"
681:
2011 Music Week Awards in the category "Consumer-Facing Digital Music Service of the Year".
2214:
1998:
1912:
1892:
1873:
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1223:"Game Over for PledgeMusic — Leaked E-mail Reveals Pre-Liquidation Fire Sale Set to Begin"
1050:"Music Crowdfunding Site PledgeMusic Falls Under Fire for Late Payments, Issues Statement"
757:
934:
Award-winning Ginger Wildheart Pledge campaign 'testament to commercial viability of D2F'
1000:"PledgeMusic, Once a Crowdfunding Haven for Artists, Now Owes Them Thousands of Dollars"
207:
PledgeMusic was formed in the UK and registered with Companies House on 1 October 2008.
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911:"PLEDGEMUSIC PUBLISHING LTD – Overview (free company information from Companies House)"
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1122:"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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1973:
863:"PLEDGEMUSIC RETAIL LTD – Overview (free company information from Companies House)"
353:
website. Features that the site claimed distinguished it from similar competitors:
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819:"PLEDGEMUSIC.COM LIMITED – Filing history (free information from Companies House)"
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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
1516:"John Zorn attempts to recoup losses from Pledge Music bankruptcy – The Wire"
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2019:
1466:"PLEDGEMUSIC.COM LIMITED – Officers (free information from Companies House)"
747:
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313:, Donald Ienner, Daniel Rowe and David Walsh, and was granted on August 19.
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17:
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Absorbs all transaction processing costs involved in pledging on a project
254:
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".
676:
2010 BT Digital Music Awards in the category "Best Innovation or Gadget".
299:
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1273:"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
1494:"As A Crowdfunding Platform Implodes, A Legendary Composer Rebounds"
1371:"Trade bodies to assess impact of PledgeMusic 'campaign disruption'"
1323:"As A Crowdfunding Platform Implodes, A Legendary Composer Rebounds"
372:
No processing of any fund transactions until the fund target reached
2331:
2229:
1538:"Failure Frontman Raises Allegations Against Ex-Pledge Music CEO"
501:
In The Future Your Body Will Be The Furthest Thing From Your Mind
2612:
Companies that have entered administration in the United Kingdom
2159:
1848:
Thanks to SoundCtrl for Nominating Us for a 2013 FlashFWD Award!
1562:"PledgeMusic collapse: CC Smugglers fight to recoup £20k losses"
1298:"PledgeMusic Cofounder Benji Rogers Quietly Steps Aside at AMLC"
465:
1946:
1725:
1396:
975:"PledgeMusic Looks To Change The Future Of The Album Release"
1680:"Kickstarter's Drip follow-up has been canned before launch"
261:
was placed on PledgeMusic by Sword, Rowe & Company LLC.
1442:"Pledgemusic.com: information for customers and creditors"
1098:"Here's How Much Money 10 Artists Are Owed by PledgeMusic"
707:
PledgeMusic won the Grammy Music Technology Lab in 2013.
106:
1895:. Billboard.biz (2012-12-14). Retrieved on 2013-09-21.
433:
list is frequently updated to include new information.
363:
Encourages artists to include contributions to charity
2607:
Defunct crowdfunding platforms of the United Kingdom
1915:. PledgeMusic (2013-02-27). Retrieved on 2013-09-21.
1857:. PledgeMusic (2013-04-16). Retrieved on 2013-09-21.
426:
List of artists that used the site to raise money:
2395:
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2012:
1981:
1767:"Shayne Ward announces new album for February 2015"
969:
967:
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115:
101:
93:
83:
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1886:Five Digital Startups to Watch in 2013 | Billboard
1822:. Archived from the original on September 2, 2011.
333:was still investigating the company's insolvency.
276:Administration and liquidation: May to July 2019
1520:The Wire Magazine – Adventures In Modern Music
1146:"PledgeMusic Statement About Payments Backlog"
691:SoundCtrl's 2013 Best in Artist Support award.
1958:
1876:. A2IM (2013-04-24). Retrieved on 2013-09-21.
8:
2597:2019 disestablishments in the United Kingdom
30:
2622:Technology companies disestablished in 2009
792:
790:
788:
715:Distinguished Digital Executive of the Year
2566:
1965:
1951:
1943:
704:"Five digital startups to watch in 2013".
510:$ 75,000 allegedly withheld by PledgeMusic
435:
36:
29:
27:Former online direct-to-fan music platform
2602:Online music stores of the United Kingdom
2592:2009 establishments in the United Kingdom
357:Sole focus on raising funds for musicians
2617:Technology companies established in 2009
784:
453:
317:Aftermath of insolvency and liquidation
1825:
1809:. Music Week. Retrieved on 2013-09-21.
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1485:
936:. Music Week. Retrieved on 2013-09-21.
1796:. Btplc.com. Retrieved on 2013-09-21.
1531:
1529:
7:
813:
811:
264:On May 3, a report was published in
233:and interviews with artists such as
1175:Wakefield, Jane (30 January 2019).
738:Comparison of crowdfunding services
1747:"Sum 41 to release comeback album"
1351:questions-statements.parliament.uk
383:directly upon project completion.
127:viewing – no, selling/buying – yes
25:
1152:. 24 January 2019. Archived from
2565:
2556:
2555:
1906:Wins Grammy Music Technology Lab
1697:Stutz, Colin (8 February 2019).
1678:Dredge, Stuart (June 17, 2019).
843:"PledgeMusic.com Filing History"
700:PledgeMusic was noted as one of
672:PledgeMusic was nominated for:
949:. sevensixtytwo. Archived from
538:£23,000 withheld by PledgeMusic
1820:"2011 BT Digital Music Awards"
400:In 2010, while discussing the
1:
1928:. Theguardian.com. 2013-11-19
1805:Williams, Paul. (2011-04-18)
1614:. PledgeMusic. Archived from
612:Money withheld by PledgeMusic
1807:Awards nominations announced
1492:Chinen, Nate (14 May 2019).
1247:Rogers, Benji (2019-05-08).
1726:"Neil Innes: Nearly Really"
137:; 15 years ago
97:Crowdsourcing for musicians
2638:
1470:beta.companieshouse.gov.uk
1203:beta.companieshouse.gov.uk
1126:beta.companieshouse.gov.uk
915:beta.companieshouse.gov.uk
891:beta.companieshouse.gov.uk
867:beta.companieshouse.gov.uk
823:beta.companieshouse.gov.uk
729:– similar services offered
428:
2551:
1832:: CS1 maint: unfit URL (
1418:"PLEDGEMUSIC.COM LIMITED"
1177:"The day the music died?"
1096:Aswad, Jem (2019-02-22).
245:Payment issues since 2018
35:
1029:Music Business Worldwide
1074:Danny Vaughn Official,
1982:Africa & West Asia
569:Bobby Long (musician)
2025:Article One Partners
1775:. 19 September 2014.
1665:May 5, 2011, at the
1422:www.thegazette.co.uk
1249:"PledgeMusic Update"
402:Digital Economy Bill
257:In February 2019, a
2035:The Audience Engine
1989:Bir Silgi Bir Kalem
1393:www.pledgemusic.com
150:Current status
32:
1911:2015-09-24 at the
1891:2012-12-19 at the
1872:2013-04-27 at the
1853:2015-09-24 at the
1792:2016-03-03 at the
1302:Digital Music News
1277:Digital Music News
1227:Digital Music News
1156:on 31 January 2019
979:Digital Music News
331:Insolvency Service
266:Digital Music News
2579:
2578:
1904:(Press Release)
1846:(Press Release)
1752:Alternative Press
1637:"PledgeMusic FAQ"
1389:"web.archive.org"
1375:www.musicweek.com
1077:Don't Use Pledge!
1056:. 24 January 2019
1006:. 24 January 2019
665:
664:
636:Hopeless Records
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439:Release/End date
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58:Available in
16:(Redirected from
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2493:Return on Change
2453:I-Bankers Direct
2443:Funding4Learning
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743:Fan-funded music
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602:The Book Beri'ah
581:Compass Records
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287:The Book Beriah.
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135:August 2009
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804:. 7 June 2019.
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1643:on 2010-12-29
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1618:on 2014-04-14
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1399:on 2019-07-13
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953:on 2016-03-13
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733:Crowdsourcing
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462:January 2019
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89:Benjie Rogers
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51:Direct-to-fan
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2513:Social Teeth
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2428:CrowdFundEDU
2413:Bountysource
2408:Blackstartup
2372:ShareTheMeal
2342:Innovestment
2286:VentureCrowd
2249:Asia-Pacific
2130:GlobalGiving
2070:Crowd Supply
2065:CrowdJustice
1974:Crowdfunding
1930:. Retrieved
1920:
1900:
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1645:. Retrieved
1641:the original
1631:
1620:. Retrieved
1616:the original
1606:
1595:. Retrieved
1593:. 2021-09-14
1590:
1581:
1570:. Retrieved
1568:. 2020-03-24
1565:
1556:
1545:. Retrieved
1541:
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1498:. Retrieved
1473:. Retrieved
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1425:. Retrieved
1421:
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1397:the original
1392:
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1354:. Retrieved
1350:
1341:
1330:. Retrieved
1326:
1317:
1306:. Retrieved
1304:. 2019-05-14
1301:
1292:
1281:. Retrieved
1279:. 2019-05-10
1276:
1267:
1256:. Retrieved
1252:
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1231:. Retrieved
1229:. 2019-05-03
1226:
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1206:. Retrieved
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1170:
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1154:the original
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1101:
1091:
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1076:
1069:
1058:. Retrieved
1053:
1044:
1033:. Retrieved
1031:. 2019-01-24
1028:
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1003:
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983:. Retrieved
981:. 2014-01-30
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955:. Retrieved
951:the original
941:
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870:. Retrieved
866:
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837:
826:. Retrieved
822:
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671:
659:PledgeMusic
654:
629:
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532:Innes Music
527:
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480:Independent
473:
425:
411:
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351:crowdfunding
348:
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311:Joshua Sason
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224:
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193:
159:
158:
124:Registration
46:Type of site
2488:PledgeMusic
2463:Lone Signal
2327:DigVentures
2266:Impact Guru
2165:Kickstarter
2145:Groundfloor
2030:ArtistShare
1772:Digital Spy
1710:25 February
1150:PledgeMusic
702:Billboard's
647:Shayne Ward
548:Lucky Chops
416:Kickstarter
173:Kickstarter
169:ArtistShare
160:PledgeMusic
107:pledgemusic
31:PledgeMusic
18:Pledgemusic
2586:Categories
2571:Comparison
2473:Neighborly
2357:Planeta.ru
2337:FundedByMe
2317:Companisto
2225:SeedInvest
2200:Piggybackr
2175:LaunchGood
2155:InvestedIn
2125:GiveSendGo
2105:Experiment
2055:CommonBond
2040:Change.org
1932:2014-06-01
1684:Music Ally
1647:2010-07-20
1622:2013-05-29
1597:2021-12-07
1572:2021-04-23
1547:2020-02-04
1475:2019-07-27
1451:2020-02-04
1427:2019-07-31
1403:2019-07-27
1356:2021-04-23
1332:2019-05-16
1308:2019-05-16
1283:2019-05-16
1258:2019-05-09
1233:2019-05-04
1208:2019-07-27
1183:31 January
1160:31 January
1131:2019-01-27
1107:2019-03-19
1083:2019-01-27
1060:2019-01-27
1035:2019-01-27
1010:2019-01-27
985:2014-06-01
957:2013-05-29
920:2019-07-27
896:2019-07-27
872:2019-07-27
848:2021-04-21
828:2019-08-19
769:References
727:Bandzoogle
520:Neil Innes
431:incomplete
405:Lord Errol
291:On 9 May,
239:San Fermin
116:Commercial
85:Founder(s)
2543:YouCaring
2538:TrustLeaf
2508:Sellaband
2503:RocketHub
2468:Mobcaster
2438:Fundageek
2377:Spacehive
2352:Liberapay
2322:Crowdcube
2312:Bergfürst
2291:Wishberry
2150:Indiegogo
2140:GoyFundMe
2100:EquityNet
2080:Crowdrise
2020:AngelList
1999:Headstart
1976:platforms
1704:Billboard
1054:Pitchfork
1004:Billboard
802:Pitchfork
779:Citations
748:Music 2.0
631:13 Voices
594:John Zorn
422:Campaigns
412:Musically
326:Andrews.
283:John Zorn
227:Lynda.com
203:Formation
189:Sellaband
185:RocketHub
177:Indiegogo
2561:Category
2528:Tilt.com
2518:Sponsume
2483:PieShell
2478:Offbeatr
2458:Junction
2448:@HopeMob
2433:Fondomat
2387:Zinsland
2347:Invesdor
2307:Beesfund
2276:PledgeMe
2271:MusicBee
2240:Wefunder
2210:Republic
2135:GoFundMe
2120:FundRazr
2090:DonorSee
2085:DonorBox
2075:Crowdpac
2045:CircleUp
2013:Americas
2004:OurCrowd
1909:Archived
1889:Archived
1870:Archived
1851:Archived
1828:cite web
1790:Archived
1663:Archived
1566:BBC News
1542:Loudwire
1199:"Charge"
753:Netlabel
721:See also
717:, 2014.
396:Critique
300:UK Music
153:Bankrupt
132:Launched
94:Industry
73:Japanese
2396:Defunct
2367:Seedups
2281:Pozible
2261:Birchal
2235:Wedidit
2190:Patreon
1994:Eureeca
1591:Hypebot
1327:NPR.org
1102:Variety
763:Web 2.0
606:Tzadik
577:Sultans
493:Failure
442:Artist
387:Charity
323:Failure
198:History
181:Patreon
142:2009-08
140: (
76:Spanish
64:English
2382:Symbid
2362:Seedrs
2300:Europe
2256:Asiola
2205:Prizeo
2115:Fundly
2050:Classy
1731:30 Dec
1500:16 May
1446:GOV.UK
1253:Medium
668:Awards
655:Closer
651:Album
626:Album
622:Sum 41
573:Album
552:Album
524:Album
497:Album
475:Tricks
470:Album
451:Label
339:Square
70:German
67:French
2332:EdAid
2230:Watsi
1612:"FAQ"
1496:. NPR
1179:. BBC
774:Notes
590:2018
565:2018
544:2018
516:2018
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457:Note
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