Bandcamp, the popular streaming and music hosting website, has announced that it will waive its take home of sales this Friday, March 20th, so that artists can receive 100% of the profits.
“To raise even more awareness around the pandemic’s impact on musicians everywhere, we’re waiving our revenue share on sales this Friday, March 20th (from midnight to midnight Pacific Time), and rallying the Bandcamp community to put much needed money directly into artists’ pockets,” said co-founder and CEO Ethan Diamond. “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.”