Business News Deals Digital

PledgeMusic completes NoiseTrade acquisition

By | Published on Wednesday 13 July 2016


PledgeMusic has finalised its previously reported deal to acquire data-gathering platform NoiseTrade. As part of that deal, NoiseTrade President Derek Webb will also become GM of Pledge Music’s Nashville operations.

Bigging up the coming together of NoiseTrade and Pledge, the latter’s CEO Dominic Pandiscia said yesterday: “The addition of NoiseTrade and Derek Webb to the PledgeMusic family represents a true step-change for the business”.

On the stepped up presence for his company in Nashville as part of the acquisition, Pandiscia continued: “Derek’s presence in Nashville provides a direct resource into PledgeMusic and its family of companies for the local music scene. Artists, labels, and management companies alike now have the opportunity to work directly with the founder of the groundbreaking NoiseTrade platform in his newly expanded role representing all things PledgeMusic to the community”.

Webb himself added: “The integration of NoiseTrade into PledgeMusic is igniting a real powder keg in Nashville. I’m THRILLED to be the boots on the ground as the new GM. We feel there are several real growth opportunities for us here, and as a fifteen year plus resident, I don’t think there’s ever been a better moment than now to invest into the community of musicians and their teams here in Music City”