PledgeMusic seeking partnership or acquisition
Artist-to-fan marketplace “hopeful of reaching a positive resolution soon” following talks with potential new partners or owners
News By | 4 February 2019
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…