Bandcamp to waive its cut of profits on first Fridays of May, June & July
Back on Friday, March 20, Bandcamp waived their cut of the profits from sales on downloads, LP/CD sales and other merch, and gave it to the artists who are unable to make money via touring during the ongoing coronavirus pandemic. It was a big success, with around $4.3 million spent on Bandcamp that day (15 times a normal Friday), and we mentioned that they'd be doing it again this Friday (May 1). Now Bandcamp have announced that, in fact, they'll be doing it the first Friday for the next three months: May 1, June 5 and July 3 from midnight to midnight, Pacific time. Here's more:
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.
It may sound simple, but the best way to help artists is with your direct financial support, and we hope you’ll join us through the coming months as we work to support artists in this challenging time.