Kickstarter buys crowd-funded music group Drip

Kickstarter buys crowd-funded music community Drip

Chris Ratcliffe/Bloomberg by way of Getty Pictures

Drip, a group for unbiased artists and report label, has been acquired by Kickstarter, the corporate introduced in the present day. The corporate was set to shut down tomorrow, however Kickstarter has swooped in on the final minute and can let the platform proceed to function as-is, no less than in the meanwhile. In some ways, it is a logical pickup for Kickstarter — a serious a part of Drip primarily quantities to a crowdfunding platform for followers to pay artists immediately for his or her work.

At present, Drip enables you to “subscribe” to artists and report labels to retrieve an ongoing stream of music and movies; you may as well get entry to perks like low cost codes, music archives and different such bonuses. Given what number of Kickstarter campaigns give attention to music tasks, it looks like Kickstarter will be capable of study extra about how you can get followers to open their wallets and help musicians with the Drip acquisition — and the large visibility of Kickstarter ought to assist Drip get extra consideration for the artists presently utilizing it.