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RocketHub
RocketHub was an online crowdfunding platform launched in 2010, its first use was September 1, 2009. Based in New York City, its users included musicians, entrepreneurs, scientists, game developers, philanthropists, filmmakers, photographers,Hainer, Michelle"New Site Helps Cash Strapped Creatives" ''Tonic'', June 10, 2010, accessed November 29, 2010. theatre producers/directors, writers, and fashion designers.Users posted fundraising campaigns to it to raise funds and awareness for projects and endeavors. Operating in over 190 countries, RocketHub was once considered one of America's largest crowdfunding platforms. History Incorporation (business), Incorporated in 2009, the platform launched by January 2012. The original founders of RocketHub were Brian Meece, Jed Cohen, Alon Hillel-Tuch, and Vladimir Vukicevic. Bill Clinton and Bill Gates selected it as part of their guest-edited ''Ways to Change the World'' edition of Wired Magazine. RocketHub was the first crowdfunding platf ...
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Crowdfunding
Crowdfunding is the practice of funding a project or venture by raising money from a large number of people, typically via the internet. Crowdfunding is a form of crowdsourcing and alternative finance. In 2015, over was raised worldwide by crowdfunding. Although similar concepts can also be executed through mail-order subscriptions, benefit events, and other methods, the term crowdfunding refers to internet-mediated registries. This modern crowdfunding model is generally based on three types of actors – the project initiator who proposes the idea or project to be funded, individuals or groups who support the idea, and a moderating organization (the "platform") that brings the parties together to launch the idea. Crowdfunding has been used to fund a wide range of for-profit, entrepreneurial ventures such as artistic and creative projects, medical expenses, travel, and community-oriented social entrepreneurship projects. Although crowdfunding has been suggested to be highly li ...
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Kickstarter
Kickstarter is an American public benefit corporation based in Brooklyn, New York, that maintains a global crowdfunding platform focused on creativity. The company's stated mission is to "help bring creative projects to life". As of July 2021, Kickstarter has received $6.6 billion in pledges from 21 million backers to fund 222,000 projects, such as films, music, stage shows, comics, journalism, video games, board games, technology, publishing, and food-related projects. People who back Kickstarter projects are offered tangible rewards or experiences in exchange for their pledges. This model traces its roots to subscription model of arts patronage, where artists would go directly to their audiences to fund their work. History Kickstarter launched on April 28, 2009, by Perry Chen, Yancey Strickler, and Charles Adler. ''The New York Times'' called Kickstarter "the people's NEA". ''Time'' named it one of the "Best Inventions of 2010" and "Best Websites of 2011". Kickstarter repo ...
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Jumpstart Our Business Startups Act
The Jumpstart Our Business Startups Act, or JOBS Act, is a law intended to encourage funding of small businesses in the United States by easing many of the country's securities regulations. It passed with bipartisan support, and was signed into law by President Barack Obama on April 5, 2012. Title III, also known as the CROWDFUND Act, has drawn the most public attention because it creates a way for companies to use crowdfunding to issue securities, something that was not previously permitted. Title II went into effect on September 23, 2013. On October 30, 2015, the SEC adopted final rules allowing Title III equity crowdfunding. These rules went into effect on May 16, 2016; this section of the law is known as Regulation CF. Other titles of the Act had previously become effective in the years since the Act's passage. Legislative history Following a decrease in small business activity in the wake of the 2008 financial crisis, Congress considered a number of solutions to help spur ...
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Crowdfunding
Crowdfunding is the practice of funding a project or venture by raising money from a large number of people, typically via the internet. Crowdfunding is a form of crowdsourcing and alternative finance. In 2015, over was raised worldwide by crowdfunding. Although similar concepts can also be executed through mail-order subscriptions, benefit events, and other methods, the term crowdfunding refers to internet-mediated registries. This modern crowdfunding model is generally based on three types of actors – the project initiator who proposes the idea or project to be funded, individuals or groups who support the idea, and a moderating organization (the "platform") that brings the parties together to launch the idea. Crowdfunding has been used to fund a wide range of for-profit, entrepreneurial ventures such as artistic and creative projects, medical expenses, travel, and community-oriented social entrepreneurship projects. Although crowdfunding has been suggested to be highly li ...
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Pledgemusic
PledgeMusic was an online direct-to-fan music platform, launched in August 2009. It was started to facilitate musicians looking to pre-sell, market, and distribute projects; such as recordings and concerts. It bore similarities to other artist payment platforms as ArtistShare, Kickstarter, Indiegogo, Patreon, RocketHub and Sellaband. The company announced it was facing bankruptcy in May 2019, after a year of artists reporting slow payment problems. The company was granted permission to wind up on August 19, 2019. History Formation PledgeMusic was formed in the UK and registered with Companies House on October 1, 2008. In the next few years, a number of complementary companies were also formed under the PledgeMusic banner. They were: PledgeMusic Retail Ltd on June 18, 2009; PledgeMusic Recordings Limited on August 18, 2010 (originally named PledgeMusic 2.0 Limited); and PledgeMusic Publishing on November 11, 2010. Early successes Ginger Wildheart was awarded the 2012 C ...
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Incorporation (business)
Incorporation is the formation of a new corporation. The corporation may be a business, a nonprofit organization, sports club, or a local government of a new city or town. In the United States Specific incorporation requirements in the United States differ on a state by state basis. However, there are common pieces of information that states require to be included in the certificate of incorporation. *Business purpose *Corporation name *Registered agent *Inc. *Share par value *Number of authorized shares of stock *Directors *Preferred shares *Officers *Legal address A business purpose describes the incorporated tasks a company has to do or provide. The purpose can be general, indicating that the budding company has been formed to carry out "all lawful business" in the region. Alternatively, the purpose can be specific, furnishing a more detailed explanation of the products and/or services to be offered by their company. The chosen name should be followed with a corporate iden ...
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Closely Held Corporation
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ''Forbes'' survey of closely held U.S. businesses sold a trillion dollars' worth of goods and services ...
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The Orchard (company)
The Orchard is an American music and entertainment company, specializing in media distribution, marketing, and sales. It is a subsidiary of Sony Music, based in New York City. In 2019, the company sold off its film and television division, which was renamed 1091 Media. History Founding The company was founded in 1997 by Scott Cohen and Richard Gottehrer in New York City. Dimensional Associates Acquisition In early 2003, The Orchard was bought by Dimensional Associates. Danny Stein, the CEO of Dimensional Associates, was appointed Executive Chairman, and Greg Scholl left management consulting firm McKinsey & Company to become The Orchard's CEO, changing its strategy and operating model and building a new management team. In 2009, The Orchard was named the 66th-fastest growing company in North America for the five-year period from 2004 to 2009. In 2009, Scholl accepted a position as president, Local Integrated Media at NBCUniversal and Brad Navin was appointed CEO. I ...
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Fractured Atlas
Fractured Atlas is a non-profit technology company that provides business tools for artists. History Fractured Atlas was founded in 1998 by Executive Director Adam Huttler as a theater production company. Between 1998 and 2001, the company produced or presented numerous theatre, dance, and performance art shows in New York City. Fractured Atlas's final major production, Post-Traumatic Slave Syndrome, opened on September 7, 2001 at a theatre in lower Manhattan. Following the financial fallout of the September 11 terrorist attacks, Fractured Atlas began a shift from a production company to a service organization. The organization re-opened as a membership-based support organization for other artists in 2002. In 2007, it established the Open Arts Network, which closed in 2017. In its early years as a service organization, Fractured Atlas was known for its programs providing health and other insurance, fiscal sponsorship, professional development, and other technical assistance ...
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New Music Seminar
The New Music Seminar (NMS) is a Music Conference and Festival held annually each June in New York City. The New Music Seminar originally ran from 1980 to 1995 and was relaunched in 2009. NMS features over 150 CEOs and other executives, presidents, and other leaders in the emerging music business along with over 100 artist performances. In 2012, NMS hosted the first New York Music Festival in collaboration with the New York City Mayor's Office of Media & Entertainment declaration of the city’s first New York Music Week. The festival took place in 17 venues throughout Manhattan and Brooklyn. New Music Seminar 2015 took place June 21-23 in New York City. History 1980–95 In June 1980, Tom Silverman, Mark Josephson, Joel Webber, Danny Heaps, and Scott Anderson brought 220 people together at a New York City rehearsal studio to discuss challenges in the music business. The event grew in subsequent years to act as a catalyst for change in it. The New Music Seminar added music show ...
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Women In Music
Women in music include women as composers, songwriters, instrumental performers, singers, conductors, music scholars, music educators, music critics/music journalists, and in other musical professions. Also, it describes music movements (e.g., women's music, which is music written and performed by women for women), events and genres related to women, women's issues, and feminism. In the 2010s, while women constitute a significant proportion of popular music and classical music singers, and a significant proportion of songwriters (many of them being singer-songwriters), there are few women record producers, rock critics and rock instrumentalists. Women artists in pop music, such as Björk, Lady Gaga and Madonna, have commented about sexism in the music industry. Additionally, a recent study led by Dr. Smith announced that "...over the last six years, the representation of women in the music industry has been even lower". In classical music, although there have been a huge n ...
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Music Dish
Music is generally defined as the art of arranging sound to create some combination of form, harmony, melody, rhythm or otherwise expressive content. Exact definitions of music vary considerably around the world, though it is an aspect of all human societies, a cultural universal. While scholars agree that music is defined by a few specific elements, there is no consensus on their precise definitions. The creation of music is commonly divided into musical composition, musical improvisation, and musical performance, though the topic itself extends into academic disciplines, criticism, philosophy, and psychology. Music may be performed or improvised using a vast range of instruments, including the human voice. In some musical contexts, a performance or composition may be to some extent improvised. For instance, in Hindustani classical music, the performer plays spontaneously while following a partially defined structure and using characteristic motifs. In modal jazz the ...
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