Once again, Bandcamp will be waiving their revenue share to help music artists and labels.
A message from Bandcamp:
The Covid-19 pandemic continues to impact all of us, and artists have been hit especially hard as tours and shows are canceled for the foreseeable future. With such a major revenue stream drying up almost entirely, finding ways to continue supporting artists in the coming months is an urgent priority for anyone who cares about music and the artists who create it.
On March 20, 2020, we waived our revenue share in order to help artists and labels impacted by the pandemic. The Bandcamp community showed up in a massive way, spending $4.3 million on music and merch—15x the amount of a normal Friday— helping artists cover rents, mortgages, groceries, medications, and so much more. It was truly inspiring.
On May 1, 2020, we did it again and fans paid artists $7.1 million – amazing!
On June 5, 2020, fans paid artists $4.8 million, and so many artists and labels used the day to donate to organizations fighting for racial equity that we had to put together two separate posts (here and here) to list them all.
But the pandemic and its impact on the music community aren’t over, so on July 3, we’re waiving our revenue share for all sales on Bandcamp, from midnight to midnight PDT. Check isitbandcampfriday.com for timezone demystification.
Musicians will continue to feel the effects of lost touring income for many months to come, so we’re also sharing some ideas below on how fans can support the artists they love and how artists can give fans new, creative ways to provide support.
It may sound simple, but the best way to help artists is with your direct financial support, and we hope you’ll join us as we work to support artists in this challenging time.
Ethan Diamond
Co-Founder & CEO
Bandcamp
For more about Bandcamp and their fundraiser, go here.
Thinking aloud. 