PledgeMusic - CMU | the music business explained

Business News • 2 min read

Former PledgeMusic CEO threatens legal action after musician makes allegations of improper conduct

Former PledgeMusic CEO Dominic Pandiscia has threatened legal action over allegations of financial impropriety made by producer Ken Andrews, who says his band was owed money.…

Andy Malt • 25 Nov 2019

Lizzo • 2 min read

CMU Digest 28.10.19: Lizzo, Pledge, PPL, Spotify, Musicians' Union

This week's digest covers Lizzo's copyright lawsuit, the PledgeMusic liquidation, PPL's RDx data project and Spotify's sponsored album recommendations.…

Chris Cooke • 28 Oct 2019

Artist News • 2 min read

Artists "unlikely" to receive any money from PledgeMusic liquidation, says official receiver

The official receiver has said creditors of the collapsed PledgeMusic, mostly artists, are unlikely to be paid, as pledged funds were not held in trust.…

Andy Malt • 23 Oct 2019

Business News • 2 min read

Official Receiver provides updates on PledgeMusic liquidation

The Official Receiver has become liquidator of PledgeMusic after a winding up order, and will sell remaining assets and investigate the cause of the company's failure.…

Chris Cooke • 05 Aug 2019

Business News • 3 min read

Pledge co-founder comments on sale attempts as liquidation begins

PledgeMusic co-founder Benji Rogers has explained the failed attempts to sell the company before the High Court granted a winding-up order for its UK entity.…

Chris Cooke • 02 Aug 2019

Business News • 2 min read

UK Music again asks government to investigate Pledge collapse as its UK company is wound up

UK Music has asked Business Minister Kelly Tolhurst to refer the PledgeMusic collapse to regulators after the High Court granted a winding-up order.…

Chris Cooke • 01 Aug 2019

Business News • 1 min read

PledgeMusic website goes offline, company's future still unclear

The PledgeMusic website has gone offline, with the company still saying it is working with counsel on next steps and no clarity for artists owed money.…

Andy Malt • 29 Jul 2019

Business News • 1 min read

PledgeMusic still hoping for a buyer, still planning to go into administration

PledgeMusic says it is still seeking a buyer, probably via administration, with contingency plans for other insolvency routes if no sale is achieved.…

Andy Malt • 21 Jun 2019

Business News • 1 min read

PledgeMusic publishes links for accessing data and downloads

PledgeMusic has published links allowing artists to download their fan data and pledgers to access past purchases, as the company moves towards administration.…

Chris Cooke • 20 May 2019

Digital services and platforms news • 1 min read

Setlist: PledgeMusic, song royalties, Woodstock

This week's Setlist podcast discusses the collapse of PledgeMusic, songwriters missing digital royalties and Woodstock 50's financial troubles.…

Andy Malt • 20 May 2019

Business News • 1 min read

UK Music calls for government investigation into PledgeMusic collapse

UK Music has asked the government to refer PledgeMusic to the Competition And Markets Authority after the fan-funding platform moved towards administration.…

Andy Malt • 13 May 2019

Michael Jackson • 2 min read

CMU Digest 13.05.19: PledgeMusic, Wynk, Rolling Stone, Universal Music, Michael Jackson

This week's digest covers PledgeMusic's failed sale, an Indian court ruling on Wynk, Rolling Stone's new charts, Universal's termination right case and Michael Jackson estate fees.…

Chris Cooke • 13 May 2019