Over the course of the four Bandcamp Fridays that have already happened in 2020, fans have spent over $20 million. The company won’t take a cut of any music or … dollars on Bandcamp. Bandcamp waived their fees for the second time and people went nuts. Online music marketplace Bandcamp is waiving its revenue share on sales today in order to help musicians who are impacted by the novel coronavirus pandemic. Bandcamp is waiving fees today in support of artists Back in March, Bandcamp announced that it was waiving its share of the revenue for a … The promotion went so … … Enter your e-mail below to get a daily update with all of our headlines. That said, fans have been supportive throughout the pandemic. Several labels, such as Arts & Crafts and Ghostly, are waiving their fees as well. The company wan't take a cut of sales today. The new addition allows artists to set up a link on their Spotify pages where fans can donate directly to the musicians, or to a charity of their choice. "That’s incredible, but just as amazing is that since the pandemic hit in March, fans have bought more than $75 million worth of music and merch directly from artists and labels, and to date, fans have paid artists over half a billion(!) The next Bandcamp Friday will happen on August 7. Bandcamp is extending Bandcamp Fridays throughout the remainder of 2020. All rights reserved. The company won’t take a cut of any music or merchandise you buy between now and 12AM PT / 3AM ET. In the announcement of the three new windows, the company's CEO Ethan Diamond wrote that during the March 20 initiative fans spent $4.3 million on the site, around 15 times the amount spent on a typical Friday. Streaming giant Spotify, which has long been criticized for the revenue that it returns to artists, announced a new "tip jar" feature last week. "We started Bandcamp Fridays back in March to support artists impacted by the pandemic, and in the past few months the music community has come together in a huge way: in just four days, fans put more than $20 million directly into the pockets of artists and labels. Bandcamp is once again waiving its commission fees to help musicians impacted by the coronavirus pandemic. The music marketplace and streaming service Bandcamp will once again forgo its share of sales for a 24-hour period this Friday, May 1, the company announced Monday. Bandcamp was one of the first companies to publicly support artists when it waived fees on March 20 and gave all of the profits that day them. Advertisement. Bandcamp also recently announced they'll be donating their revenue share every Juneteenth to the NAACP Legal Defense Fund. In the last 30 days, consumers have spent approximately $16.5 million buying music on Bandcamp. We Insist: A Timeline Of Protest Music In 2020. "It’s a good reminder that Bandcamp Fridays are really an extension of what Bandcamp is about every day. © 2020 Verizon Media. Bandcamp, which typically collects 15% of sales from digital music and 10% from physical goods, initially experimented with a 24-hour fee waiving window March 20. Thank you again, and we wish you all safety and good health.".
Bandcamp is once again waiving its commission fees to help musicians impacted by the coronavirus pandemic. If you’re not sure where to start, the website does a great job of highlighting the best new releases on its platform. Bandcamp is extending Bandcamp Fridays throughout the remainder of 2020. Copyright © 2020 Metal Injection LLC. Scroll to continue reading. You can also search for artists by location, in case you want to support someone local. Meanwhile, artists continue to seek a larger share of digital revenues generated by music. "Because the pandemic is far from over, we’ll continue to hold Bandcamp Fridays on the first Friday of every month until the end of the year. donating their revenue share every Juneteenth, the Blast Beat, Heavy Metal Advertising Network.
| Help Wanted | Advertising Info | Contact Us | Terms & Conditions | Privacy Policy, Metal Injection is a proud member of the Blast Beat, Heavy Metal Advertising Network, Sponsors: Buy Instagram Followers | Buy Instagram Followers. All rights reserved. Thank you to all the artists and labels who shared their music with us, and the fans who spent their hard-earned coins to support the artists they love. Facebook, one of the more popular destinations for live-streamed concerts, rolled out a slate of new features last Friday, including "Stars" — a digital currency that users can purchase and send to artists as they stream. "Stay tuned for more details, and until then we’ll continue working to make Bandcamp the best place to support artists every single day. Bandcamp, which typically collects 15% of sales from digital music and 10% from physical goods, initially experimented with a 24-hour fee waiving window March 20. Apple TV will be available on the Xbox consoles next week, YouTube TV drops Boston regional sports network NESN, 'Key & Peele' and other Comedy Central classics head to HBO Max in November, 'Spider-Man: Miles Morales' new suit moves like 'Into the Spider-Verse', The Morning After: The Raspberry Pi 400 is a keyboard with a PC inside it, The Raspberry Pi 400 is a $70 keyboard that's also a computer, AI can detect COVID-19 by listening to your coughs, Masterbuilt's latest Gravity Series smart grill comes with a griddle insert, Computer and phone accessories that make great gifts. When Bandcamp did this same thing on March 20th, fans spent approximately 15 times more than on the average Friday, leading to the best sales day in the platform’s history. Several more prominent artists are donating any money they make today to charity.
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