Bandcamp has announced plans to continue fee-free Fridays for the rest of 2020.
In March this year, Bandcamp waived its revenue share for all sales made in a 24-hour period, between midnight and midnight PST, in support of artists using the platform. Artists earned $4.3 Million on the first fee-free Friday, with almost 800,000 items sold through the platform.
According to Bandcamp, sales were more than 15 times the norm for a Friday, with peak demand seeing a staggering 11 items bought per second. Imprints such as Hyperdub also announced they would not be taking any cut from revenue, so 100% of cash would go directly to artists in those instances. Across the four fee-free Friday's that have taken place, fans paid out more than $20 million directly to artists.
Now, the platform has announced that the fee-free Fridays will continue throughout the rest of this year, as a way of supporting artists and labels impacted by COVID-19. In a blog post, Bandcamp said that the initiative is "a good reminder that Bandcamp Fridays are really an extension of what Bandcamp is about every day."
Check out the calender for Bandcamp's fee-free Fridays below.
Bandcamp Fridays 2020 Calendar:
August 7, 2020
September 4, 2020
October 2, 2020
November 6, 2020
December 4, 2020
All from midnight to midnight Pacific time. For time zone demystification, check out: http://isitbandcampfriday.com/
In June, a website compiling over 2,000 Black artists and labels on Bandcamp was launched online. Available to browse via blackbandcamp.info, the resource features name, location and genre filters, and allows users to use a shuffle option to discover new music from black artists and black-owned labels.
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