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Business News Labels & Publishers
Pledge launches publishing division
By CMU Editorial | Published on Monday 7 March 2011
PledgeMusic, the fan funding and D2F platform, has launching a music publishing division, which will work with new songwriting talent. The first signing is Brighton based singer-songwriter Sophie Madeleine.
Pledge MD Malcolm Dunbar told CMU: “The launch of PledgeMusic Publishing is hugely exciting and Sophie Madeleine is an excellent first signing for us. As we are now working with so many great artists we are in a unique position to discover new talent. It therefore makes complete sense for PledgeMusic to offer a music publishing option to those artists that we feel might benefit from the service”.
Dunbar also confirmed that Pledge will work in partnership with Kobalt Music, who will administrate the royalties of songwriters who sign to the new publishing venture. The MD continued: “We are also delighted to have Kobalt Music on board as a global administration partner and are looking forward to working with the team there to build a world class music publishing roster”.
