PledgeMusic Reorganizes After Late Payment Problems

PledgeMusic is reorganizing its executive team after months of payment problems. As we reported last week, CEO Dominic Pandiscia has stepped down. Now company executives are taking on new roles in an effort to turnaround the popular music crowdfunding site. Co-Founder Malcolm Dunbar has been elevated to Global President and…

CEO Of Troubled PledgeMusic Steps Down

Dominic Pandiscia has resigned as CEO of troubled music crowdfunding and pre-sale platform PledgeMusic, a company spokesperson confirmed to Hypebot on Friday. He joined the startup in 2016 after serving at President of Capital Music Group’s Caroline independent music distribution service. Pandiscia shared this week that he was restarting his…

PledgeMusic Payment Problems Continue say Multiple Artists

Late payments continue to plague artists using PledgeMusic more than 100 days after the music crowdfunder promised to fix the problem, blaming rapid growth and "externally imposed transfer of the company’s payment processing systems." Multiple artists have reached out to Hypebot in recent weeks saying that a month or more…

Holland, Kpop’s First Openly Gay Singer, Crowdfunds $40,000 In 24 Hours

South Korea’s first openly gay singer Holland has launched a new crowdfunding initiative for his upcoming mini-album. The crowdfunding effort is in partnership with MyMusicTaste, a service that lets fans request their favorite artists to do live …

Patreon Enters Crisis Mode as Contributions Unexpectedly Tank

There’s some seriously bad news for anyone reliant upon Patreon donations. Patreon has long served as a creative alternative to traditional crowd-sourcing platforms.  It’s also offered a welcomed change from YouTube’s bottom-scraping …