PledgeMusic Acquires Noisetrade, Set.fm

[UPDATED] By expanding on the promise of the now all-but-defunct Topspin D2F platform with an added dash of Kickstarter, PledgeMusic has built one of the new music industry's most respected and effective platforms. Today they broadened their reach with two acquisitions that also serve the indie and DIY music community.

PledgeMusic today announced two acquisition NoiseTrade and Set.fm.

The announcement comes a few weeks after investor Joshua Sason took a major position in PledgeMusic through his company Magna. Details of the acquisitions were not released but Set.fm had raised a total of $2.27M in 5 Rounds in addition to a $2.64k Convertible Note on August 1, 2015.

Nashville based NoiseTrade helps artists and labels build awareness and a mailing list by trading music for an email address. Austin-based Set.fm enables the easy capture and sale of live concert recordings.

The integrated companies will have a user-base of more than 3 million active music fans and 50,000 musicians. Together, they offer new ways to connect with fans and D2F revenue opportunities throughout the music production and promotion lifecycle.

"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."

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