As I've written about my own experience on Patreon, it's difficult to grow a membership page from scratch without cultivating a larger, already-existing audience elsewhere. This makes the model especially difficult for a young or emerging artist who just put up their first EP on streaming services; in these cases, a less committal Kickstarter-type ... See more
As with most other business models in music, paid membership models and closed "fan clubs" require a lot of work to execute well. Even the highest level of celebrity status does not guarantee success: In 2019, Taylor Swift and the Kardashian sisters had to shut down their own social apps, largely due to neglect.
A handful of new music-focused options have launched in the past half year alone, including Currents FM and Ampled, both of which intentionally position themselves as more artist-friendly alternatives to Patreon
As Patreon's own executives have explained in the past, the range of benefits musicians have offered on their platform are both tangible (e.g. merch discounts, exclusive demos or podcast episodes) and intangible (e.g. artist recognition, monthly video hangouts). A growing number of musicians also run member-only chat groups on Discord — an app that... See more
Beyond Patreon and Memberful, there are a handful of music-specific options on the market. Bandcamp allows subscriptions, but only a few labels like Topshelf Records and Tiny Engines have enabled the feature. Withfriends focuses on memberships for brick-and-mortar small businesses, and counts venues and promoters like Elsewhere and AdHoc as custome... See more
One of the major pivots the music industry has made in response to the COVID-19 pandemic is a shift in focus from lean-back, aggregate streaming channels (e.g. Spotify, Apple Music) to direct-to-fan channels (e.g. Bandcamp, Shopify, Patreon) where the revenue impact is more immediate and transparent. Monthly membership revenue in particular is easi... See more
Ampled is structured as a platform cooperative, whereby all artists, fans and company workers co-own the platform on a "one-person, one-share, one-vote basis." The company's relationship with investors is also structured as "revenue-based financing" — a model in which investors inject cash into a business in exchange for a small percentage of top-l... See more
"The question that we've had for so long — where the f*ck is the money going to come from? — is finally clearer," says Mader. "Where we were seeing dwindling returns elsewhere, the dots are starting to connect here and I really see a future with it and a way to grow it."