Since March 2020, Bandcamp, the music selling platform for musicians and record labels, has graciously waived their revenue share from the sales of music to help the thousands of artists who's lives have been greatly impacted by the pandemic. According to Bandcamp, nearly 800,000 fans have paid artists and labels $52 million dollars since Bandcamp Friday's started!
Even though the light at the end of the tunnel seems to be closer and closer, with vaccines rolling out and smaller shows/tours starting to happen, we're still a long ways away from seeing the music industry get back to what it was. Our COVID-19 Fund, for example, is still receiving applications for assistance daily from music industry workers who have still not been given their jobs back. Bandcamp recognizes that the need for assistance is still great, and will be for some time. They've decided to continue doing Bandcamp Fridays in 2021, with the next one happening on May 7th. You can check isitbandcampfriday.com just to be sure. A reminder from Bandcamp about buying from them: "If you’ve started to feel guilty about buying music on any day other than Bandcamp Friday, here’s something to keep in mind: on Bandcamp Fridays, an average of 93% of your money reaches the artist/label (after payment processor fees). When you make a purchase on any other day of the month (as 2.5 million of you have since March, buying an additional $152 million worth of music and merch) an average of 82% reaches the artist/label. Every day is a good day to directly support artists on Bandcamp!" If you want to double your impact, we've listed a few artists that are supporting Sweet Relief Musicians Fund with their proceeds of Bandcamp sales! We're so grateful to those that make our work possible. Comments are closed.
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September 2024
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