Direct-to-fan music platform PledgeMusic got here below fireplace earlier this yr for failing to pay musicians who raised cash via the web site over the previous yr. The firm allegedly introduced in an e mail to artists on Wednesday (February 6) that PledgeMusic won’t be accepting contributions to energetic crowdfunding campaigns till additional discover, Billboard reports.
An try to buy one thing from Ladytron’s PledgeMusic page was met with the next message: “Unfortunately PledgeMusic has suspended pledges on all active campaigns and will look to resume them shortly. Thanks for your patience.” Pitchfork has reached out to PledgeMusic’s representatives for remark.
In response to final month’s Billboard report about not paying musicians, PledgeMusic issued a press release. “We accept responsibility for the fact that we have been late on payments over the past year,” it reads. “PledgeMusic is working tirelessly on this issue, and we are asking our community for their continued support and patience.” The firm stated the “expectation” is that artists would obtain their funds inside 90 days.
Last June, Variety revealed a report outlining artists’ issues about overdue funds. Then-CEO Dominic Pandiscia stated funds “should be completely caught up in the near future.” Pandisica stepped down in September 2018.
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