After 10 years as one of the most prominent direct-to-fan music platforms, PledgeMusic has today announced that it has gone into liquidation, leaving an uncertain future for many artists.
Back in August of 2009, a new music company entered the online scene. Named PledgeMusic, its idea was rather simple, and served as a crowdfunding platform that both helped musicians raise funds and sell their music to their fans.
A solid idea, PledgeMusic was used by both independent and established artists for quite some time, with big names like Weezer, LCD Soundsystem, Failure, Sum 41, and Echo & The Bunnymen all using the platform to help distribute their works.
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