Bandcamp has announced that it will waive its revenue share on all sales this Friday (20 March), in a bid to put more money in the pockets of artists affected by the ongoing coronavirus pandemic. Many tours and festivals have been cancelled or postponed, including several major events such as Glastonbury, Bonaroo and Coachella.
In a statement released on its website, Bandcamp CEO and co-founder Ethan Diamond wrote: “The Covid-19 pandemic is in full force, and artists have been hit especially hard as tours and shows are being cancelled for the foreseeable future. With such a major revenue stream drying up almost entirely, finding ways to continue supporting artists in the coming months is now an urgent priority for anyone who cares about music and the artists who create it. The good news is that we’re already seeing many fans going above and beyond to support artists across Bandcamp.
To raise even more awareness around the pandemic’s impact on musicians everywhere, we’re waiving our revenue share on sales this Friday, March 20 (from midnight to midnight Pacific Time), and rallying the Bandcamp community to put much-needed money directly into artists’ pockets.”
As well as this, the site also shared various tips for fans to support artists the best they can. These include grabbing some more merch, and using Bandcamp’s flexible payment system to leave a tip – and some kind words.
The sales fee waive takes place between midnight and midnight PT across 20 March. We’d encourage you, if you can, go and support your favourite artist or artists on this day. As the coronavirus pandemic’s impact on the music industry deepens, independent artists will be among the hardest hit.