Last month, Bandcamp hosted a fundraising initiative to help musicians that have been affected by the coronavirus pandemic. The music platform waived their revenue cut for 24 hours in an attempt to “put much needed money directly into artists’ pockets.” The fundraiser was the biggest sales day in Bandcamp’s history, bringing in $4.3 million in revenue — fifteen x the amount of a normal Friday — with all proceeds going to artists and labels.
Bandcamp has now announced that on May 1st, June 5th, and July 3rd (the first Friday of each month) they will once again be waiving their revenue share on all Bandcamp sales from midnight to midnight PDT on each day.
“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 company shared.
“It may sound simple, but the best way to help artists is with your direct financial support, and we hope you’ll join us through the coming months as we work to support artists in this challenging time.”
We’re weeks into social distancing now, and I’m sure we’ve all recognised how mind-numbingly boring it would be without music and the arts. This is a really fantastic initiative, and if you have the means, we strongly encourage you to take part in it. Support the musicians who have emotionally carried us through this intense period.