NEW YORK, April 6, 2016 /PRNewswire/ -- PledgeMusic, the global next generation direct-to-fan platform, announced today that it has named Dominic Pandiscia as Chief Executive Officer.
Pandiscia is an accomplished music and media executive who brings more than 20 years of experience to his new role. He previously served as President of Caroline, Capitol Music Group's independent services division, where he led the company to three straight years of record market share growth. His tenure ushered in the company's first #1 album debuts in its 33-year history − achieved in partnership with each artist's respective label and across four different musical genres − with 2015's Alabama Shakes, All Time Low, Five Finger Death Punch and Tyrese releases.
"PledgeMusic holds a truly unique position in the increasingly crowded digital music landscape and I feel privileged to take the helm for its next chapter," noted Pandiscia. "Our user base was radically expanded with the recent acquisitions of NoiseTrade and Set.fm and we look forward to further empowering artists to attract passionate new audiences while deepening the relationship with their current fan base. I am eager to dig in and work with Benji Rogers and the entire PledgeMusic team to best serve our communities and create new ways to market and connect to fans."
PledgeMusic Founder Benji Rogers will continue to serve as a member of the company's Board of Directors and will now lead innovation and outreach to the creative community in the newly created position of Chief Strategy Officer.
"It has been a great honor to lead the PledgeMusic family up to this point and I could not be more proud of all that we have achieved together," Rogers added. "Dominic is exactly the type of artist-first executive that PledgeMusic needs as we grow and scale and I am excited to work alongside him in this new growth phase for the company."
Pandiscia's appointment follows significant expansion for the company. The March 2016 acquisition of NoiseTrade and Set.fm expanded PledgeMusic's user base to more than 3 million highly active music superfans engaging with over 50,000 artists and musicians. The changes also reflect major PledgeMusic investors Magna Entertainment, which led recruitment for the new CEO position, and their co-investor and advisor Sword, Rowe & Company's vision for their music-focused properties and distribution vehicles. Both artist-founded and led firms are deeply passionate about building innovative businesses that support the creative community in reaching their commercial objectives, while remaining true to their artistic visions.
PledgeMusic is a global next generation direct-to-fan platform dedicated to empowering labels and artists to build communities, fund and pre-sell recordings, and provide unique experiences and exclusives throughout the entire music production and promotion lifecycle. PledgeMusic was named as one of The World's Top 10 Most Innovative Companies of 2015 in Music for "Helping artists and fans get what they want". – Fast Company
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