Patreon lays off 13% of staff amid Covid-19 uncertainties

Fan-funding firm Patreon is laying off 13% of its staff, which according to TechCrunch is 30 employees. The company cited the Covid-19 pandemic as the cause. “It is unclear how long this economic uncertainty will last and therefore, to prepare accordingly, we have made the difficult decision to part ways with 13% of Patreon’s workforce,” said a […]

Today’s positive coronavirus-related music industry news (27 March)

Let’s start today with Germany, at a time when bodies representing musicians and the music industry are pressing governments around the world for relief and support. The post Today’s positive coronavirus-related music industry news (27 March) appeared first on Music Ally. Source: Music ally

Today’s positive coronavirus-related music industry news

Stuff we’re heartened by today includes Resident Advisor’s ‘Save Our Scene‘ campaign, which is mustering collecting action from the electronic music community. There’s an open letter that fans, musicians and other people in the industry can sign – more than 3,000 people so far have – with encouragement for people who want to do their […]

Patreon CEO promises no ‘invisible boost’ to Capital creators

Last week, we reported on fan-funding service Patreon’s launch of a new service called ‘Patreon Capital’, providing cash advances to creators, repayable from future income earned on its platform. In an ‘Ask Me Anything’ (AMA) interview on Reddit, CEO Jack Conte has been responding to some of the questions around how the model will work – including one about […]

Patreon ramps up European ambitions with new Berlin office

Fresh from signing up M.I.A. to fan-fund on its service, Patreon has opened an office in Berlin. It’s part of a wider expansion across Europe, with offices already in Porto and Dublin. Patreon is also allowing newly-signed-up creators to now price their tiers and be paid in euros, pounds or dollars –existing creators on the platform will […]

M.I.A. launches Patreon page to fund music and other work

Patreon has snagged another prominent musician to use its platform to fund their work. M.I.A. has launched her page on Patreon, offering fans the chance to spend $5 or $10 a month to support her art. And ‘art’ is the right word: her Patreon isn’t just about music. “I’m doing a Patreon, because I make so […]

Most Wanted: Music report – Scott Cohen, diversity, Africa and more

In Berlin, talk around music usually takes two paths: techno or the blockchain, and both involve a lot of earnest nodding. At the Most Wanted: Music 2019 conference, conversation was nudged towards the creation of new value streams, pushing for meaningful diversity, and embracing change in an age that demands it. The post Most Wanted: […]

Patreon shifts to tiered pricing for crowdfunding services

Ever since it was founded, crowdfunding platform Patreon has charged its creators 5% of the revenues they make from their fans (or ‘patrons’). Now the company is upping its share on some campaigns, with a new tiered system. A basic ‘Lite’ tier will still have a 5% revenue share for Patreon, but people who want […]

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