Bandcamp Friday Has Raised £30 Million For Artists And Labels In 2020
Bandcamp have announced that their Bandcamp Fridays initiative has raised over $40 million (£29.68 million) in 2020 for artists and labels during the coronavirus pandemic.
The online music platform and distribution service launched the initiative back in March to aid those musicians whose livelihoods have been disrupted by the pandemic, with Bandcamp waiving their revenue share to ensure that as close to 100% of the profits as possible from fan purchases, downloads and merch goes directly to artists and labels.
The site also confirmed that they will continue to stage Bandcamp Fridays in 2021, with the first dates – February 5, March 5, April 2 and May 7 – also being announced for next year.
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