PledgeMusic seeking partnership or acquisition

Artist-to-fan marketplace “hopeful of reaching a positive resolution soon” following talks with potential new partners or owners

PledgeMusic co-founder Benji Rogers

Direct-to-fan marketplace PledgeMusic has announced it is in talks with “several interested parties” regarding a potential partnership or acquisition. The company admitted to owing significant sums of money to multiple artists last week.

The PledgeMusic board and management released a statement today, announcing discussions with parties wanting to enter into a partnership with PledgeMusic, or acquire the company.

“These conversations , if successful, would lead to a transaction which would allow us to meet all of our outstanding obligations. As…

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