Fan-funding startup Corite launches in beta with five artists

Music Ally reported on Swedish startup Corite in August. It was a new fan-funding platform founded by former UMG execs Mattias Tengblad and Emil Angervall, offering distribution to artists but also the option for fans to invest in their music, and take a share of royalties. Today, Corite is launching in ‘beta mode’ with five Swedish artists: Albin Johnsén, […]

Swedish startup Corite launches fan-funding platform for artists

PledgeMusic may have collapsed, but there are other fan-funding startups emerging in its wake. The latest is from Sweden and is called Corite, and it’s one of the growing number of platforms that aim to get fans to invest in songs, and get a share of royalties back in return. “A record label ruled by fans,” […]

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