Published
Tue, Dec 15, 2020, 18:52
- The site will waive its revenue share on the first Fridays of February, March, April and May.
Bandcamp will continue its Bandcamp Friday initiative until at least May of 2021.
The Oakland-based online music storefront began waiving its fees once a month due to the onset of the pandemic in March, and eventually extended the campaign through to the end of the year.
"Although vaccines are starting to roll out, it will likely be several months before live performance revenue starts to return," states the official press release. "So we're going to continue doing Bandcamp Fridays in 2021, on February 5th, March 5th, April 2nd and May 7th."
Over nine Bandcamp Fridays in 2020, artists and labels sold $40 million in records, tapes, downloads and merchandise. 2.5 million customers have used the site since March, adding up to an addition $145 million in purchases made through Bandcamp.
Read our feature, Anti-Algorithmic Music: How Bandcamp Is Helping Artists Beat The Odds.