Neil Young raises $6 million in Kickstarter campaign for music player PonoMusic

The Associated Press

FILE - This Sept. 27, 2012 file photo shows singer-songwriter Neil Young posing for a portrait at The Carlyle hotel in New York. Young has raised more than $6 million through a Kickstarter campaign to fund his digital music project PonoMusic. Kickstarter closed the campaign Tuesday after raising 6.2 million through 18,000 supporters. The campaign is the third most funded project for Kickstarter. (Photo by Victoria Will/Invision/AP, file)

Associated Press + More

NEW YORK (AP) — Neil Young has raised more than $6 million through a Kickstarter campaign to fund the singer-songwriter's digital music project PonoMusic.

Kickstarter closed the campaign Tuesday after it raised $6.2 million through 18,000 supporters. The campaign is the third most-funded project for Kickstarter.

Young's portable player will cost $399 when it debuts in October. PonoMusic will also launch an online music store. The project promises high quality audio compared with other digital tracks that feature compressed audio.

The Kickstarter campaign was launched last month.

Young, 68, named the company Pono after a Hawaiian word meaning righteousness.

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Online:

http://neilyoung.com

http://ponomusic.com

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