Hey, I’m not sure you would have heard the news on PledgeMusic, but unfortunately The Kut is one of the acts affected by the financial issues PledgeMusic is encountering. This means that over 65% of the money raised for The Kut Valley of Thorns campaign has never been paid. I’ve known this for a good few months and I would be lying if I said it’s not a huge problem. I have not issued any statement on this previously because I am still hopeful it might be resolved, but a few people or bands that asked me about our campaign already know. With many people and labels now taking action on Pledge, I’d rather you heard it from me – I’ve not been paid.
PledgeMusic have recently issued this statement:
Having received so much support from PledgeMusic while running the campaign, this is a massive blow. To them, The Kut and the music industry in general, which had to fight for trust in crowd funding campaigns in general. I’d just like to say that our campaign manager, and the team involved in running the campaign were truly amazing. I’m not sure if you know, but some of the team are in famous bands themselves – all music lovers. I feel just as awful for them as I do all the acts involved. It’s clearly a financial mismanagement issue and not down to the team who are quite possibly just as worried as we are. It’s so heartbreaking that all the acts that worked with PledgeMusic are now seriously worried that they may never see the money they have raised (and quite possibly already spent).
I’ve had some very kind messages asking what people can do to help. I’d like to say first, that I’m eternally grateful that you supported the release of Valley of Thorns. It’s out there, it’s a hit, it charted all over the UK album charts, and it’s all thanks to your support. You bought copies, you shared in the wins, you headed out to stores, you emotionally supported me and my band. It is all thanks to this campaign that the album released. Anyone who is in a band will tell you, although money is important, it’s really not about the money – so I want you to know that your contribution has not been wasted. As an artist I’m indebted to you for all your incredible love and warmth. You totally smashed it.
Damage limitation: The brand new video “I Am Vain” is just out. Fortunately this was not linked to PledgeMusic funds and you’ll probably be relieved to know that when you see it! It’s totally over the top, and probably our best video yet. I’ve also launched our new Online Store at http://thekut.co.uk/supportus.html if there’s any items you wanted to get but didn’t manage to at the time. But honestly, the best help you can give The Kut right now is to support the new music video. If you haven’t seen it already, this is the link: https://www.youtube.com/watch?v=lF6NeisEqkc Please watch & share to help us get the word out. Best thing about this is that it doen’t cost anything.
I hope that PledgeMusic will be able to pay out the money owed for The Kut campaign and all the other acts in the outlined 90 day timeframe. Obviously there are costs I am constantly incurring as a result of not being paid for months. Please know that I am still trying to remain optimistic and please trust that if that money lands in my account, you will be the first to know. I’ll be spreading the word on that just as loudly.