Senior Business Analyst (with many accolades spanning careers in electronic engineering, IT hardware, IT infrastructure, IT systems, and business services)
It's that day of the month again when supporting artists generates even more (real) revenue for them... At 08:00 UK-time the 40th Bandcamp Friday goes live. You'll still pay the same, but the platform itself takes no cut, waiving its revenue share. Bandcamp hosts independent (DIY) artists, as well as labels. I support Bandcamp. Founded in 2008, it's based on taking a revenue share of sales. Their share is 15% on digital items, and 10% on physical goods. Payment processor fees are separate and vary depending on the size of the transaction, but for an average size purchase, amount to an additional 4-7%. The remainder, usually 80-85%, goes directly to the artist or their label, and they pay out daily. Bandcamp Fridays began in March of 2020 at the height of the Covid-19 pandemic, when the shuttering of venues led to a loss of vital tour revenue for artists.
Jackie Chatterton
11mo
Good morning
Learning & Development P.U.N.K. = People Using their Nous and Knowhow to make a small, but positive difference in the world and world of work.
11moI didn't know this. I buy nearly everything from Bandcamp, I love supporting up and coming bands. I'll be visiting today by the looks of things!!