PledgeMusic announced today that it will acquire NoiseTrade and Set.fm. With these acquisitions, PledgeMusic’s model of enabling individual fans to directly support artists is poised for exponential growth across all levels of the creative community and consumer landscape.
“In bringing our three companies together under a single roof we are building a unique platform that adaptively supports the full lifecycle of recordings, tours and the constantly-changing forms of artistic output,” stated PledgeMusic Founder and CEO Benji Rogers. “It is our shared belief that PledgeMusic now offers musicians at all stages of their careers the most robust home to bring their visions to life and reach their commercial objectives. Revaluing music for fans equals revenue for artists and the ecosystem we’ve created makes me more optimistic than ever about the future business of making music.”
You can read the full press release at http://www.prnewswire.com/news-releases/pledgemusic-to-acquire-noisetrade-and-setfm-300232233.html