It’s a great opportunity to put money in the hands of the artists and labels directly during a period when many would be performing seasonal concerts and earning income from opportunities that are nearly impossible during Code Red conditions. Since March, another 2.5 million people made Bandcamp purchases on normal business days, totalling $145 million in music and merchandise sales.As they’ve been doing since the beginning of the Covid- 19 Pandemic, Bandcamp is once again forgoing their cut of sales on Bandcamp Friday (the first Friday of each month - from Midnight to Midnight Pacific Time) and Decemis the last one before the end of the year and right in the midst of peak gift-giving season. While 93% of money spent on Bandcamp goes to the artist or label on Bandcamp Friday, 82% still reaches them on a purchase any non-Bandcamp-Friday day, according to the company. According to a September blog post from Bandcamp CEO Ethan Diamond, Bandcamp customers spent $16.2 million during the first three Bandcamp Fridays alone. Bandcamp also announced that, over the nine Bandcamp Fridays the company has held in 2020, Bandcamp has dispersed $40 million to artists and labels.īandcamp Fridays have been a major draw-in for fans looking to support artists: About 800,000 people made purchases across all nine of the days.

As shows will likely remain on halt for much of 2021, Bandcamp will hold its monthly events in February, March, April and May, the company said. Starting in March, when the pandemic cut off touring and removed artists’ most reliable revenue stream, Bandcamp Fridays have taken place on the first Friday of each month. Online music marketplace Bandcamp announced Tuesday that its pandemic-inspired Bandcamp Fridays initiative - in which it waives its full revenue share on its sales to help artists better fend through Covid - will continue in 2021.

Bandcamp friday sale