Bandcamp are giving up revenue shares for one day to support artists following coronavirus
Bandcamp are giving up their revenue share on sales for one day only this week in order to support artists amid the coronavirus pandemic.
Artists are struggling following the coronavirus outbreak after being forced to postpone or cancel shows and festivals. Acts have been pushing their music and merch sales since the outbreak in order to make money.
Yesterday (17 March), Bandcamp announced that they are "waiving our revenue share on sales this Friday, March 20 (from midnight to midnight Pacific Time)" to support artists.
Bandcamp co-founder and CEO Ethan Diamond writes, "For many artists, a single day of boosted sales can mean the difference between being able to pay rent or not. Still, we consider this just a starting point. 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."
The music platform normally takes 15 percent off all digital sales, and 10 percent on artist merchandise.
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