Getting paid is usually at the front of any artist’s mind, and while it seems like there have never been more options for making money in a digital economy, the existing platforms can change at a moment’s notice. One such service is Drip, which was initially a fan service for indie music that Kickstarter acquired in 2016 and relaunched the following year for broader aristic subscription support. Continue Reading
Gimme Radio, the digital music company that made waves with an online radio station specializing in all metal music all the time, is looking to expand. The company has launched a crowdfunding effort on Seed Invest, seeking a round of $1.5 million. The expansion will take the proof of concept in its metal station and apply it to other genres. Continue Reading
RadioPublic has launched an equity crowdfunding campaign to further develop its platform. As of publish time, the company has raised nearly $49,000 from 21 investors. The campaign will have another 72 days to try to reach its maximum goal of $1.07 million. Continue Reading
Taking advantage of U.S. investing regulations started in 2012, electronic music streaming specialist Digitally Imported (DI.FM) has launched a crowdfunding campaign for non-institutional investing. With a current valuation of $12 million, the company is looking to raise as much as $1.07 million on the Wefunder platform. Continue Reading
Kickstarter appears to be repositioning itself as more than a crowdfunding tool for music. It purchased Drip.fm, a niche service that was on the verge of shuttering, this spring. Kickstarter is expected to relaunch Drip as soon as this year, although it has not given a firm timeline. Continue Reading
8tracks is now accepting investments in its Regulation A round. The crowdfunded investment round is officially open on SeedInvest. This type of SEC-regulated round allows anybody to invest in the playlisting company, buying ownership for as little as $100. Continue Reading
8tracks moved closer to its Regulation A crowdfunded investment round today, when it opened the round to non-binding reservations. the company hopes to raise $10-million of the $33-million of interest that was expressed during months of testing. Continue Reading
8tracks is preparing a round of Regulation A crowdfunded securities funding, and the interest in supporting the playlisting company has been high so far. In an email to potential backers, 8tracks said it has received investment interest of more than $33 million from more than 35,000 people. Continue Reading
We’ve been charting the recent surge of innovation in headphones and personal music listening happening at major tech companies and on crowdfunding platforms. Another one has joined them. It removes headphones from the personal audio equation, which could potentially create more comfort and flexibility for listeners. Continue Reading
A New York investment company has taken on a major role with PledgeMusic, a music service combining crowdfunding and direct-to-fan concepts. The move from Magna Entertainment follows an investment of $3 million it made in the platform in 2014. Continue Reading
Brief news items and worthy reads from around the web: Spotify not that into exclusives; Pandora as disruptor; MMF seeks streaming equity stance from Universal; a look at musical crowdfunding success. Continue Reading
Brief news items and worthy reads from around the web: Podcasting predictions for 2016; new music careers from podcasts; when companies make the software and the systems; Kickstarter’s independent fulfillment report. Continue Reading