Bandcamp To Waive All Fees Again On May 1
Bandcamp has told artists and labels that it will waive all fees again on Friday, May 1st in an effort to help independent artists and labels during the current crisis.
During a similar promotion on March 20th, fans bought $4.3 million worth of music and merchandise in 24 hours on Bandcamp.
Fans have paid artists $489 million using Bandcamp since its launch including $13.9 million in the last 30 days alone.
“It was an inspiring day”
A letter sent to Bandcamp artists and labels reads in part:
“A few Fridays ago, we waived our revenue share to help artists and labels impacted by the COVID-19 pandemic. The Bandcamp community went above and beyond, spending $4.3 million on music and merch in just 24 hours. It was an inspiring day, and we heard many requests to do it again, so we’re going to do exactly that (and a bit more).
We’ll announce the details of this initiative to everyone next Monday, but we wanted to give our artists and labels a heads up that the first step is coming soon: on Friday, May 1st, we’re going to waive our revenue share again. Stay tuned for more information next week, and be sure to check out our new Bandcamp Artist Guide for recommendations that will help you maximize your sales on May 1st and beyond”