In a recent releae, Bandcamp has announced their highly successful Bandcamp Friday’s to return next year.
On the first Friday of every month since March, Bandcamp waived their revenue share to help support the many artists who have seen their livelihoods disrupted by the pandemic. Over the course of these nine days, fans paid artists and labels $40 million dollars, helping cover rents, mortgages, groceries, medications, and much more. If you’re among the nearly 800,000 fans who participated, thank you.
Although vaccines are starting to roll out, it will likely be several months before live performance revenue starts to return. So they are going to continue doing Bandcamp Fridays in 2021, on February 5th, March 5th, April 2nd, and May 7th. As always, isitbandcampfriday.com has the details.
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 $145 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!