🔥13323

Bandcamp’s second day of waived revenue sharing resulted in fans spending millions of dollars on its website. The company announced it racked up $7.1 million in sales on Friday (May 1), all of which went directly to the artists selling their music and merch on the streaming platform.

“Update on last Friday’s campaign: Fans paid artists $7.1 million in just 24 hours ($2.8m more than March 20th),” Bandcamp revealed Twitter. “Thank you for supporting artists impacted by Covid-19, and mark your calendars for the next.”

Bandcamp has waived its fees twice since the COVID-19 pandemic led to shutdowns around the world, allowing artists to take home 100 percent of profits from sales on the streaming service’s site and app.

The company plans to drop its revenue sharing on two more occasions in the coming months.

Bandcamp's Waived Fees Result In $7.1M In Sales For Artists

Bandcamp Schedules Multiple Days Of Waived Fees To Support Artists During COVID-19 Pandemic

Fans interested in supporting artists during the waived fees period have the opportunity to do so on June 5 and July 3. Like the previous two fundraisers, Bandcamp will stop its revenue sharing for a 24-hour window beginning at midnight Pacific time.

Artists can create free Bandcamp accounts here. Labels can sign up for $20 a month with the ability to upload music from up to 15 artists.

Related Posts

Sexyy Red Flashes On Her Livestream

The Return of The Mid: How To Keep An Open Mind While Still Hating Without Really Trying

Rihanna’s Clara Lionel Foundation Donates $5M Towards Coronavirus Relief

Trae Tha Truth, Lil Keke & More Mourn George Floyd, Revealing His Houston Rap Roots With DJ Screw

“Once You’ve Got the Production, I Feel Like Everything Is Kind of Easy As Hell”: An Interview With Vic Spencer & Small Professor

Huey V Wants Somebody to “Tell The Kia Boys to Stop!”