A few weeks ago, Bandcamp waived their revenue share for 24 hours in order to support bands, artists and labels impacted by the COVID-19 pandemic. The music sharing site ended up selling $4.3 million worth of music and merchandise, with 100% of the profits going directly to creators. The venture was so successful that Bandcamp is bringing it back on May 1.
Bandcamp unveiled the plan via email, which was meant to give a heads up to bands and labels. More information about the initiative will be shared on Monday, April 27. The site also teased that they have plans to go a little further than they did during their previous fundraiser.
Check out Paste’s previous coverage on Bandcamp waiving their revenue share back in March, as well as our official album picks if you’re looking for great new albums to buy.