In a bid to help musicians and artists on its website, Bandcamp will be waiving it’s revenue share on sales this Friday, 20 March. This comes after countless concerts, tours, events and shows are being cancelled for the foreseeable future amidst the COVID-19 pandemic.
For artists on Bandcamp, this means that they will receive full payment on all music and merch sales. Usually, Bandcamp tales a small cut to keep the site running, but from midnight to midnight March 20, the company is encouraging all music fans to head to the platform and support their favourite independent artists. This could be a huge boost for artists in a time where so many live events are in danger.
Ethan Diamond, CEO of Bandcamp said “For many artists, a single day of boosted sales can mean the difference between being able to pay rent or not. Still, we consider this just a starting point. 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”.
For most of the material on Bandcamp, there is also an option to pay beyond the asking price, so if you’re feeling really generous toward your favourite musicians in this time, do consider this option. Most importantly, Bandcamp wants to encourage “everyone with a Bandcamp fan account about Friday’s event…Please help us spread the word via your usual social channels”.
To support independent music on March 20, head to bandcamp.com
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