From: Hypebot

New UK based Pledge Music has launched the
latest platform to help artists raise cash for a new recording project from fans.

1. The fan is only charged once the pledge target is reached.
2. Pledge takes a 15% commission of funds raised.
3. Artist retains 100% of their rights.
4. Artist chooses where to record and with whom
5. Artist can opt in to making a charitable donation.
6. Pledge recommends third party services to help complete the release process.
7. The second time you use Pledge our fee reduces to only 10%, provided your first project was successful.

Read the rest of this Here

Technorati Tags: funding fans, funding platforms, pledge music

This entry was posted on Thursday, October 22nd, 2009 at 9:49 am and is filed under Music Business, Music Production, Music Promotion. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.