Drip, Subscription Streaming and Download Service, to Shut Down

Drip, a platform powering music subscription services for independent labels and artists, has called it quits.

Drip will shut down on March 18, according to a Medium post credited to co-founders Sam Valenti IV and Miguel Senquiz as well as the Drip team. They promised to pay all artists and labels in full before then.

“Over the years, we’ve hosted some of the world’s best artists and independent labels, and have generated millions of dollars for them in direct support from the most dedicated fans in the world,” they wrote. “It’s been an honor and a joy to be part of this community.”

Along with Ghostly International, which Valenti founded, labels teaming up with the platform included Sub Pop, Jagjaguwar, Secretly Canadian, Dead Oceans, Fool’s Gold, Stones Throw, Domino, Mad Decent, Morr Music, OWSLA, Now-Again, and Dirtybird. Artists such as They Might Be Giants, Christopher Willits, and King Britt also had involvement.

“Between timing, funding, and everything needed to realize this future, we made the decision that now was the time for Drip to come to a conclusion,” the post from Drip says.

Drip will “be looking to partner” with some of the newer services that have emerged to “tackle the same problems” that Drip was founded to address, according to the post. Members will have until March 18 to export music and data. More information is available in a Drip FAQ.

In 2014, The New York Times cited Drip — then known as Drip.fm — as an example of ways that some indie labels were “embracing the streaming revolution … on their own terms.” 

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