Crowdsourcing

  1. Neil Young’s PonoMusic Kickstarter Campaign Raises $5.75 Million

    April 10, 2014 9:28 PM EDT With five days left in their Kickstarter funding initiative, Neil Young and the PonoMusic team are now the third most funded campaign in Kickstarter history at $5.75 million as of today.  PonoMusic CEO John Hamm is thrilled about hitting the miles ...

  2. PledgeMusic Redesign De-Emphasizes Crowdfunding

    March 03, 2014 6:55 PM EST PledgeMusic on Monday rolled out a redesign that de-emphasizes the crowdfunding features of its platform, a sign that crowdfunding has potentially reached the limit of its utility for musicians as they seek new ways to generate revenue directly fr ...

  3. Pozible To Launch U.S. Crowdfunding Platform ‘In Early October’

    October 01, 2013 12:09 AM EDT Australian-originated crowdfunding platform Pozible will launch in the U.S. in the coming days. The company’s co-founder Alan Crabbe has relocated to San Francisco to run the new office, which will get its commercial launch in the “first week of ...

  4. Nielsen Study: Music Industry Could Add $450 Million to $2.6 Billion in Incremental Revenue With Premium Content

    March 12, 2013 8:07 PM EDT The music industry has lost billions of dollars in revenue over the last decade. Nielsen says the industry can use generated at least a half billion in incremental revenue by allowing fans to better connect with artists.   Nielsen's study w ...

  5. Business Matters: Has Crowdfunding Stolen Direct-to-Fan’s Thunder?

    March 06, 2013 9:12 PM EST Crowdfunding is one of the more dominant topics of this year's South by Southwest conference in Austin, Texas, which takes place March 8 through 17. The SXSW website lists 21 panels just with the word Kickstarter, including one panel with A ...

  6. Business Matters: Why Did Bjork's Kickstarter Project Fail?

    February 08, 2013 8:47 PM EST Internationally famous Icelandic artist Bjork may have been the most high-profile musician to undertake a project on Kickstarter, the platform that allows artists to raise money from fans for their projects. Her project most likely became the bi ...

  7. MIDEM Panel and Q&A: Kevin Wortis on Amanda Palmer, Kickstarter, ‘Theatre Vs. Theater’

    January 26, 2013 2:17 PM EST MIDEM 2013 opened in Cannes with a raft of how-to sessions. One of the freshest of those featured Kevin Wortis who drilled well under the surface of his ward Amanda Palmer’s million-dollar fan-funding exercise.  Wortis (see Q&A below) is a 22- ...

  8. Five Digital Startups to Watch in 2013

    December 14, 2012 7:05 AM EST has been a banner year for digital innovation in music, from Kickstarter's increasing visibility in the mainstream to Spotify's steadily growing influence over how its users consume music. But there are plenty of companies worth wat ...

  9. Indie Music Films Look For Help On Kickstarter

    July 26, 2012 5:00 PM EDT Nearly a year after actor-turned-filmmaker Colin Hanks funded a documentary about the demise of legendary retailer Tower Records through creative financing website Kickstarter, the director of another indie film chronicling Los Angeles' reiss ...

  10. INgrooves Fontana, PledgeMusic Aim to Redefine Album Releases With New Partnership

    July 19, 2012 6:05 AM EDT INgrooves Fontana has signed a deal with PledgeMusic that will provide the indie distributor's labels with a direct-to-consumer solution while also helping to transform the crowd-funding site into a new kind of retailer. INgrooves Fontana lab ...

  11. Business Matters: How Extensive Pre-Sales Can Help Indie Albums to Top 40 Debuts

    July 02, 2012 5:29 PM EDT Extensive Pre-Sales Can Help Indie Albums Chart Higher Than Major Releases Fan-funding platforms can now put independent albums high up the U.K. album chart. Whether or not that's a good thing is up for debate. Take the example of Ginger Wild ...

  12. Business Matters: Kickstarter Funding Many Small Music Projects, But That Will Change

    June 22, 2012 5:47 PM EDT Kickstarter Funding Many Small Music Projects, But That Will Change -- More than half of all music projects -- 54.2%, to be exact -- on Kickstarter successfully meet their funding goal. This and other statistics are available on Kickstarter's ...

  13. Bits and Briefs: Eventbrite's $1B, Indiegogo's $15M, and SoundExchange's New Record

    June 21, 2012 4:35 PM EDT Eventbrite Passes $1B Mark Online ticketing service Eventbrite recently surpassed $1 billion in sales in slightly more than four years of operation. Its platform offers a solution for ticketing events at a low cost, including conferences, fund-rai ...

  14. Amanda Palmer Changes the Way Albums are Funded Through Kickstarter

    June 13, 2012 7:20 PM EDT You may have missed it, but music business history was made May 30 when singer/songwriter Amanda Palmer raised $1 million in less than a month for an album no one has heard. She did this on Kickstarter, an online platform that has helped thousands ...

  15. The Myth of DIY & The Madness of Traditional Release

    June 07, 2012 10:00 AM EDT Ed. Note: Benji Rogers is the founder and CEO of PledgeMusic, a fundraising platform that works with artists to develop a way to engage their fans in helping fund their projects, such as albums and tours, in exchange for exclusive content. PledgeM ...

  16. Amanda Palmer Hits $1 Million Mark on Kickstarter Campaign

    May 29, 2012 1:00 PM EDT Amanda Palmer has been burning through milestones since launching a Kickstarter campaign to help fund her new album May 1, and today she hit another, surpassing $1 million raised with more than two days to go . Moments after reaching the milestone ...

  17. Amanda Palmer's Kickstarter Campaign Soars Past $500,000 -- and It's Still Going

    May 05, 2012 6:40 PM EDT Amanda Palmer's record-setting Kickstarter campaign blew past the $500,000 mark Friday evening and stood at $536,275 Saturday afternoon. The project, to raise money to promote her new album, has received more pledges and a greater value of pl ...

  18. Amanda Palmer Raises $368,000 in Two Days, Sets Records on Kickstarter

    May 02, 2012 12:29 PM EDT Musician Amanda Palmer has raised $368,000 [Ed note: the amount went up to $379K in the screen shot taken 4 hours after the story was originally posted] in just two days on fundraising site Kickstarter to promote and distribute her latest album. T ...

  19. Direct-To-Fan Panel at SXSW Explains How Artists, Companies Can Market Outside of the Box

    March 16, 2012 5:09 PM EDT Direct to fan marketing has been breaking down the barriers between artists and fans for some time now, and with mediums like Twitter and Facebook providing a direct link socially and Kickstarter and Pledge Music allowing artists to fund their pro ...

  20. Business Matters: Kickstarter Pledges Grow 259% To $99 Million In 2011

    January 10, 2012 8:27 PM EST Kickstarter Pledges Grow 259% To $99 Million In 2011 -- Of all the numbers shared Monday by fan-centric fundraising site Kickstarter, one stands out: $99,344,382. That's the dollar amount pledged to projects through the Kickstarter platform i ...

  21. Business Matters: Are Kickstarter Pledges Taxable Income?

    August 01, 2011 5:35 PM EDT Are Kickstarters Engaging In Off-Shore Accounting Practices -- Is Kickstarter money taxable? The site allows fans to fund a wide range of creative projects - books, movies, videos, albums, tours - in return for a reward based on the level of the p ...

  22. Kickstarter Advice the Highlight of TechCrunch Disrupt's Day Three

    May 25, 2011 5:00 PM EDT Day three of TechCrunch Disrupt featured a panel on the " Kickstarter Economy," with founder Yancey Stricker and the creators of three Kickstarter-funded projects (Rafael Atijas, who created a three string guitar for kids; Dan Provost, w ...

  23. Kickstarter Helps Musicians Raise $13 Million in First Two Years

    April 28, 2011 1:50 PM EDT In its first two years, Kickstarter has helped musicians raise $13.1 million in fan funding for their projects. This and other stats were made available in a company blog post celebrating its second birthday. Film is the category with the most ple ...

  24. Business Matters: TicketBiscuit Acquires Dais Limited

    April 15, 2011 7:57 PM EDT TicketBiscuit Acquires Dais Limited -- TicketBiscuit added more heat to an already hot ticketing market by acquiring Portland, Ore.-based Dais Limited , the company announced on Friday. Dais founder Jason Mastrine will become TicketBiscuit's ...

  25. Kickstarter Got A $10 Million Infusion -- Here's Why That's Important For The Music Business

    March 18, 2011 1:35 PM EDT Union Square Ventures and a host of smaller investors have put $10 million into Kickstarter , the fundraising site that allows fans to fund projects. The funding actually happened some time ago but had been kept quiet until now. Why should the mus ...

  26. Artists, Music Execs AT SXSW Discuss How Crowdfunding Helps Sustain Artist Careers

    March 17, 2011 12:05 PM EDT At a time when many traditional musical revenue steams are failing, crowdfunding has provided a way for artists to raise funds for various projects. Successful companies utilizing it are Kickstarter and Rockethub, whose co-founder Brian Meece mode ...

  27. 3 Ways To Better Bundle Online

    September 29, 2010 12:00 AM EDT Is $25 or $50 the magic price point for more serious fans? With artists and labels increasingly using digital tools to sell bundles of music, merch and special access, a couple recent blog posts about Kickstarter campaigns have shed light on succe ...

  28. Pledge Music To Launch In Australia

    August 25, 2010 12:00 AM EDT Pledge Music, the London-based fan-funded online investment platform, is to launch in Australia on Sept. 8. The launch date coincides with a visit to Australia by Benji Rogers, founder and CEO of the funding service, which enables artists to set a ...

  29. Pledge Music Adds DVD Campaigns

    July 19, 2010 12:00 AM EDT Pledge Music, the London-based fan-funded online investment platform, will now enable artists to offer DVD pledge campaigns to prospective backers. The U.K. electronic act Archive is the first Pledge artist to take advantage of the DVD facility. P ...

  30. Funeral For A Friend Partners With Pledge Platform

    May 04, 2010 12:00 AM EDT Pledge Music, the London-based fan-funded online investment platform, has partnered with Welsh rock band Funeral for a Friend on the financing for a new EP. The band will record a new, limited EP in June and it will be made exclusively available t ...

  31. Business Matters: Last.fm, Foursquare, Verve Music Group and more

    April 23, 2010 12:00 AM EDT -- Fan-funded platforms aren’t just for independent artists. Atlantic Records has teamed up with Pledge Music to offer an EP and a variety of extras –a signature on the EP, access to a rehearsal via Skype, a personal video message and a handwritte ...

  32. A Crowdsourcing Strategy That Makes Sense

    April 19, 2010 12:00 AM EDT Now here’s a crowdsourcing strategy that makes sense. The CASH Music initiative last week released two new apps that let artists give away music to fans that help spread the word via Twitter or Facebook. Called Tweet-for-Track and FBConnect-to-Tra ...

  33. @SXSW: How Fans Are Changing Fund-Raising

    March 16, 2010 12:00 AM EDT Panel : "Funding Your Projects From The Crowd" Participants : Perry Chen (Kickstarter), Britta Riley (The Windowfarms Project), Jenna Wortham (New York Times), Robin Sloan (RobinSloan.com) New online platforms are giving artists, authors ...

  34. Pledge Music Backs 3 Duke Special Releases

    December 08, 2009 12:00 AM EST Pledge Music, the London-based fan-funded online investment platform, today launches its campaign backing the simultaneous release of three new records by Duke Special on March 1, 2010. The Belfast-based singer songwriter, previously signed to V2 ...