The stink surrounding PledgeMusic continues to develop. But right here’s the quantity for his or her lawyer.
How a lot is PledgeMusic’s meltdown costing artists and their followers?
Earlier this 12 months, electro-industrial band ohGR claimed that PledgeMusic was withholding $100,000. Fastball mentioned they have been owed $21,000.
Now, we’ve realized that Queensrÿche is owed an estimated $70,000 — with none of it paid to the band or again to followers. The group, which first rocketed to fame within the metal-heavy 80s, remains to be cranking out music and touring. They’re additionally connecting with die-hard followers, with PledgeMusic used as a pre-release crowdfunding automobile for his or her newest album, The Verdict.
The 10-song album was launched earlier this month, and listenable on platforms like Spotify. But followers hoping to get a pre-release pay attention have been disenchanted — to not point out stiffed by PledgeMusic.
In a livid Facebook put up, Queensrÿche urged followers to contest their contributions with their bank card firms, on condition that PledgeMusic has did not transmit any of the funding to the band. They additionally posted the quantity for PledgeMusic’s authorized counsel, which is…
Bob Lapowsky at Stevens & Lee. Email: , cellphone: 215-751-2866.
We contacted Lapowsky for remark, however predictably obtained no response.
Meanwhile, Queensrÿche was compelled to strongly make clear that this matter was completely out of their palms.
“We aren’t alone on this matter, because it has been publicly made conscious that many different artists have been affected as properly,” the band said. “We are actually sorry for this and any inconvenience this causes, however please do perceive that is all out of our management – and as we mentioned earlier than, the Pledge people lied and lied whereas they mismanaged the monies of the corporate.”
Separately, PledgeMusic has been silent for weeks. Earlier, the corporate indicated answer was being labored on, with a possible purchaser even saving the day. Neither has materialized, elevating questions over whether or not PledgeMusic is headed in the direction of chapter, authorized proceedings, and even federal fraud prices.
Earlier, PledgeMusic majority board member Joshua Sason was . Sason allegedly manipulated penny shares to defraud buyers, although the SEC’s motion is unrelated to PledgeMusic.
None of that could be a good signal, in fact, and means that PledgeMusic could possibly be subsequent to obtain federal fraud prices.
Just just lately, authentic PledgeMusic founder Benji Rogers returned to the corporate to type by means of the mess. So far, Rogers has been unable to rectify the lacking funds downside.
Meanwhile, artists like Allison Adam Tucker are being compelled to chop their losses. The indie artist discovered all of her contributions frozen, leaving her in heavy debt. “So now I’ve to start out over, however within the meantime I’m as much as my eyeballs in debt,” Tucker told the San Diego Reader.
“We went to New York to file most of it, and between studio time, producer charges, and paying the musicians, I’ve received 30 grand invested on this.”
Other bands, including Failure, are attempting to determine methods to proceed releasing music whereas their PledgeMusic accounts stay frozen.
Here’s Queensrÿche’s Facebook post to disenchanted pre-release followers.
There appears to be some confusion about our put up this morning concerning Pledge Music. Nothing that was ordered will likely be fulfilled. Pledge doesn’t have the cash that was pledged to them, thus there isn’t a cash for manufacturing prices and we’re out $70,000.00. Pledge is not taking any marketing campaign pledges for any band in any respect and they don’t seem to be responding to us. Apparently they’ve cash issues.
HOW TO CANCEL YOUR PLEDGE ORDER:
– LOG IN to PledgeMusic and FIND your order.
– Click on “CONTACT US ABOUT THIS PLEDGE” then pull down the menu merchandise “CANCELLING THIS PLEDGE ORDER”
– click on on “I STILL HAVE A QUESTION”
– In the shape that opens sort that “I AM CANCELLING THIS PLEDGE, AND AM REQUESTING A REFUND DUE TO THE CAMPAIGN BEING CANCELLED”
– You will obtain a affirmation e mail from them instantly.
Now PLEASE name your bank card and request a “CHARGE DISPUTE” as further insurance coverage on your refund.
If you might be having issues along with your bank card firm you’ll be able to contact Pledge Music lawyer Bob Lapowsky at Stevens & Lee. His e mail is and his cellphone is 215-751-2866.
*PLEASE NOTE* THE VERDICT WILL STILL BE RELEASED ON MARCH 1ST VIA ALL OTHER OUTLETS, INCLUDING OUR LABEL CENTURY MEDIA, AMAZON, FYE, ITUNES, YOUR LOCAL RECORD SHOPS, ETC. ONLY PRE-ORDERS THROUGH PLEDGE WILL BE AFFECTED!