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Bandcamp To Once Again Waive Its Cut of Sales to Support Artists on May 1st

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Bandcamp To Once Again Waive Its Cut of Sales to Support Artists on May 1st

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"Last month, Bandcamp waived their revenue share on all purchases for a 24-hour period, in a gesture of support to all the artists who've been impacted by the coronavirus lockdowns. The initiative was a huge success. Techcrunch.com reports it was the biggest day in the site's 11-year history: "artists raised $4.3 million in music and merchandise sales over the 24-hour period. That comes out to more than 15x Bandcamp’s normal numbers on a Friday — or, as the site puts, it 11 items per second over the course of the day. In all, some 800,000 items were sold, versus the standard 47,000." "We don’t yet know the long-term impact of Covid-19, but we know that we all need music — to uplift and inspire us, to heal us, and to give us hope," Bandcamp wrote on their website. "We’ll continue working to make Bandcamp the best place for fans and artists to come together and sustain each other in the challenging times ahead." Well, the online music company is doing just that on Friday, May 1st. More details will be shared next Monday, April 27th. Until then... start making your shopping lists. "

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KEXP.org

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Date Submitted (Dublin Core)

04/21/2020

Date Modified (Dublin Core)

10/29/2020

Date Created (Dublin Core)

04/21/2020

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Accrual Method (Dublin Core)

2054

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