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Labrish
Nyuuz
Bandcamp Fridays pay artists $154M, fans keep the indie dream alive
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[QUOTE="Munyaradzi Mafaro, post: 79421, member: 636"] Bandcamp dropped some numbers for its famous promotional days. The platform's Bandcamp Friday initiative has sent a total of one hundred fifty-four million dollars directly to artists and labels since it started. That figure jumped by thirty-one million since their last update. General Manager Dan Melnick said the most recent event in December was the biggest single day of the year, generating over three point eight million for creators in twenty-four hours. On these special Fridays, the company waives its normal cut, so musicians keep every cent from sales. In a typical transaction, Bandcamp takes a smaller share than many platforms, letting artists walk away with most of the money. The company claims its standard model has funneled over one and a half billion dollars to the music community overall. They plan to hold eight of these fee-free days next calendar year. The program began as a pandemic-era support system when live music income vanished. Beyond these Fridays, Bandcamp recently introduced a subscription club feature for curated music discovery. The service, which Epic Games and later Songtradr owned, also offers tools for vinyl pressing and selling streaming tickets. [/QUOTE]
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Bandcamp Fridays pay artists $154M, fans keep the indie dream alive
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