[8] In 2014, PledgeMusic reported a 90% campaign success rate (higher than Kickstarter or Indiegogo), with most artists raising an average 140% of their goal.
"[16] On January 29, PledgeMusic founder Benji Rogers issued a statement saying he was returning to the company as "a volunteer strategic advisor and observer to the board."
[19] The email was attempting to find potential buyers for all or part of the PledgeMusic business prior to selling off the company's assets.
[23] On 9 May, Kevin Brennan, Labour MP, raised the question of musician and consumer protection in light of PledgeMusic's collapse, in Parliament.
[24] By June 5, a number of trade bodies in the United Kingdom, including UK Music, had launched a survey to investigate the impact PledgeMusic's failure would have on the industry.
[33] By September 2021, a startup direct-to-fan site, Sonicly, had hired Benji Rogers as a consultant, in an attempt to avoid making similar mistakes as PledgeMusic.
Features that the site claimed distinguished it from similar competitors:[35] PledgeMusic had two distinct types of campaigns: direct-to-fan and preorder.
[37] In June 2019, Musically reported that Kickstarter decided against launching a similar service due to being unable to find a sustainable business model that would support a high number of lower-volume creators.
[49] Co-founders Benji Rogers and Malcolm Dunbar were named to The Hospital Club 100 list in 2013 in the category of Music.
[50] Benji Rogers, founder and ex-president of PledgeMusic, won A&R Worldwide's International Music Industry Awards' Distinguished Digital Executive of the Year, 2014.