Since March, another 2.5 million people made Bandcamp purchases on normal business days, totalling $145 million in music and merchandise sales. 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. Where Spotify has revenue streams dependent on ads and data, Bandcamp operates on a simple revenue share with artists and collects no information on its users.

Bandcamp artist account