[kj] Buh Bye, Pledge Music

[wessidetempest .]

I think everyone saw this coming. I for one was always miffed that it worked. Clearly, in the end, it didn’t. 
Now with that being said I’m not 100% convinced that ripping people off was the intent all along. If it was NOT meant as a pyramid scheme (for lack of a better resemblance) I think it got to big to quick. They probably should have limited the number of acts they could do at one time. 
Oh well. Never got my Bad News collection. 
I know that prof. Atkins was a staunch supporter which seems to fall online with his Invisible Records business model but I don’t care at this point. 

Chris 
In transit back to Detroit from NYC
> On Jul 29, 2019, at 2:06 PM, T.B. <planetary at socal.rr.com> wrote:
> 
> Pledge has gone into Administration - the UK equivalent of Bankruptcy and their website has shut down after no buy-out offers surfaced.  Artists like Killing Joke can apply as creditors when whatever assets are sold off but it's unlikely there's much to pick off the bones of this rotting carcass.  Further, it was promised artists would be able to access their user data but that info has remained unavailable.  Also, none of the execs involved have made themselves available or simply refused to comment.  It appears clear there was criminal wrongdoing involved at the top of the chain that resulted in the once thriving company to suddenly nosedive in just the past 18 months.
> 
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