Category archives: PledgeMusic

PledgeMusic Pays Fastball 50%, As Others Exit Platform

Last week, Bob Lefsetz brought the plight of the many artists that have not been getting paid on time by PledgeMusic for the last 6 months to a broader audience. Now Fastball, Bob ‘s posters boys for PledgeMusic transgressions, report that they received a little over half of the money…

PledgeMusic Co-Founder Benji Rogers Offers Help As Late Payment Problems Widen

Artist after artist is coming forward to share their stories of late payments and non-payments after their campaign with PledgeMusic had finished. From Jesus Jones to Fastball and beyond, indie and major label artists at all levels and of all types are affected by the payment problems. PledgeMusic issued a…

‘This is becoming the Fyre Fest of crowdfunding’: Anger grows as PledgeMusic owns up to late payments

‘We acknowledge that many artists have and continue to experience payment delays.’
The post ‘This is becoming the Fyre Fest of crowdfunding’: Anger grows as PledgeMusic owns up to late payments appeared first on Music Business Worldwide.

PledgeMusic Issues Statement On Late Payments To Artists With Vague Promise To Do Better In 90 Days

PledgeMusic has issued a statement attempting to calm the fears of the growing number of artists who are experiencing late payment or non-payment after their crowdfunding campaigns were completed. “It is our expectation that payments will be brought current within the next 90 days’” the company said in a statement….

PledgeMusic Payment Problems Continue, Lefsetz Weighs In

Late payments to artists after their campaigns are completed on PledgeMusic continue 8 months after they began. Now powerful music industry pundit Bob Lefsetz has weighed in, after a call from veteran manager Ron Stone. "If you don’t have the money, you shouldn’t be taking new clients,"wirtes Lefsetz. Hypebot first…

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…