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Business News Media
Worldwide FM seeks to grow through Crowdcube funding round
By Chris Cooke | Published on Monday 15 July 2019
The Gilles Peterson-founded online radio station Worldwide FM has launched a funding round on Crowdcube. Members of the project’s “core community” have been able to put money in for two weeks now, so as the campaign goes public more than half the £500,000 being raised has already been committed.
On its Crowdcube page, the radio venture states: “The concept behind Worldwide FM is simple yet we see it as difficult to replicate: an international radio station, broadcasting authentic, cutting-edge music from an array of different locations and trusted curators all over the world. Our experience shows a strong audience appetite for a borderless, curated experience beyond algorithms. A lifetime of building the most credible, high profile connections in underground music has led us to this point”.
It then adds that, “having grown through early investment from WeTransfer, further investment will allow the station to build listenership and grow revenue streams”.
The station’s CEO, Simon Goffe, adds: “Myself and the rest of the team here at Worldwide FM are excited to launch this Crowdcube, which will allow us to build and develop the Worldwide FM platform for the future. We have already built it to the level where we have 365,000 listeners per month and we feel that with this increased investment the opportunity exists to become one of the leading global music platforms”.
Full information about the funding round is here. You can tune into Worldwide FM via this website here.
