CASH Music, Independent Music Nonprofit, to Shut Down Next Month
Jem Aswad Senior Music EditorCASH Music, a Portland-based nonprofit designed to provide “open-source tools to artists looking to promote and sell their music online,” is shutting down after 12 years, it announced today. Co-founded in 2008 by Throwing Muses’ singer Kristen Hersh, L7’s Donita Sparks and Jesse von Doom, the organization’s three major components — artist tools, a blog and the CASH Music Revolving Fund — will all cease operations on July 10.“There will be a longer post-mortem later from the org and likely a few of us as individuals,” the statement reads.