Bandcamp Explained

Bandcamp, Inc.
Type:Subsidiary
Industry:Music streaming, music purchasing
Foundation:2007
Location:Oakland, California, U.S.
Key People:Shawn Grunberger (CTO)

Bandcamp is an American online audio distribution platform founded in 2007 by Oddpost co-founder Ethan Diamond and programmers Shawn Grunberger, Joe Holt and Neal Tucker,[1] [2] [3] [4] with headquarters in Oakland, California.[5] Acquired by Epic Games in March 2022, the company was sold to Songtradr in 2023.[6]

History

Bandcamp was founded in 2007 by Ethan Diamond and programmers Shawn Grunberger, Joe Holt and Neal Tucker, headquartered in Oakland, California, US.

In 2010, the site enabled embedding in other websites and shared links on social media sites.[7]

, half of Bandcamp's revenue was from sales for physical products.[8]

In November 2020, Bandcamp launched Bandcamp Live, a ticketed live-streaming service for artists. The service is an integrated feature of the Bandcamp website. Fees on tickets were waived until March 31, 2021, and became 10% from then.[9] [10]

Bandcamp provides vinyl pressing services for artists. After a 50-artist pilot in 2020, the company opened limited access to 10,000 artists in early 2021 with plans for further expansion. Their fans preorder the pressing rather than having the artist fund it upfront. Bandcamp lets artists set their own price. The company's two million vinyl sales in 2020 doubled that of 2019.[11]

Bandcamp was acquired by Epic Games on March 2, 2022.[12] Epic said the platform "will play an important role in Epic's vision to build out a creator marketplace ecosystem...". Ethan Diamond said "Bandcamp will keep operating as a stand-alone marketplace and music community...".[13]

Bandcamp's employees voted to form a union via the Office and Professional Employees International Union in March 2023.[14] [15] On September 28, 2023, Epic Games announced that it was laying off 870 people, roughly 16% of its workforce. As part of this, Bandcamp was sold to Songtradr, another music platform.[16] According to an Epic Games spokesperson, Songtradr incrementally offered employment to the Bandcamp staff.[17] However, several employees were locked out of their systems and faced uncertainty over their jobs. After the acquisition was completed on October 16, Songtradr stated that only 60 of Bandcamp's previously 118 workers had been offered a contract.[18] Songtradr fired most of the staff involved in forming the unionization, as well as the ones that were helping to negotiate fair terms. In an internal email, Songtradr's CEO, Paul Wiltshire, said that Bandcamp's financial state had "not been healthy" due to increased operating costs over steady revenues, despite the site's continuous profitability. In response to the layoffs, users and artists of the platform expressed anxiety about its future.[19] [20], Songtradr had not formally recognized the Bandcamp union.[21]

Business model

Artists and labels upload music to Bandcamp and control how they sell it, setting their own prices, offering users the option to pay more,[22] and selling merchandise.

Users can download their purchases or stream their music on the Bandcamp application or website only once or, by preserving the purchase voucher, unlimited times. They can also send purchased music as a gift,[23] view lyrics, and save individual songs or albums to a wish list. Uploading music to Bandcamp is free. The company takes a 15% commission on sales made from their website, which drops to 10% after an artist's sales surpass US$5,000, plus payment processing fees.[24]

Downloads are offered in lossy formats MP3 (LAME, 320k or V0), AAC and Ogg Vorbis, and in lossless formats FLAC, ALAC, WAV and AIFF. In addition to digital downloads artists may offer to sell their music on physical media such as CD or vinyl.

Bandcamp's website offers users access to an artist's page, with information on the artist, social media links, merchandising links and listing their available music. Artists can change the look of their page and customize its features.[25]

Charity

During the COVID-19 pandemic, in 2020 Bandcamp announced that they would be waiving their share of revenue and donating all sales to artists for 24 hours on March 20.[26] They repeated the initiative in the following months[27] and began calling these days "Bandcamp Fridays";[28] they are scheduled once every month and the website Is It Bandcamp Friday?[29] was established to provide timing clarity to those outside the Pacific Time Zone. After raising more than $40 million for its musicians in 2020 through Bandcamp Fridays, the platform extended the program to four additional dates in 2021.[30]

In response to the protests that took place following the murder of George Floyd and other African Americans who had died from police violence, Bandcamp announced that for 24 hours on June 19, 2020 they would donate 100% of profits to the NAACP Legal Defense Fund.[31]

Notable artists and labels

Bandcamp gained much attention in July 2010 when Amanda Palmer, Low Places and Bedhed gave up their record labels and started selling albums on Bandcamp, using Twitter for promotion.[32] [33] Will Toledo initially released his 2011 studio album Twin Fantasy on Bandcamp.

Several indie game developers published their game soundtracks on Bandcamp, including the creators of Aquaria, Bastion, Cuphead, Sanctum, Machinarium, Terraria, Plants vs. Zombies, Limbo, Super Meat Boy, To the Moon, , Fez, Minecraft, Undertale, Deltarune, and Stardew Valley.

In December 2014, Bandcamp for Labels was launched. Popular independent labels such as Sub Pop, Fat Wreck Chords, Relapse Records and Epitaph Records launched their own Bandcamp pages.[34] In November 2019, Peter Gabriel added his complete solo catalog to Bandcamp.[35] On June 18, 2020, Björk published her discography on the platform. In December, UK label Warp joined Bandcamp; this made records by Hudson Mohawke, Aphex Twin, Kelela and other artists available on the platform.[36] On October 21, 2021, Radiohead published their discography on the platform.

Bandcamp Daily

In the summer of 2016, their editorial content was expanded by launching Bandcamp Daily, an online music publication about artists on the platform.[37] [38] The publication is based in New York.[5] Its managing editor was jj skolnik, a writer for Pitchfork, BuzzFeed and The New York Times, as well as former author of punk zines.[39] They were made redundant in October 2023.[40] Among Bandcamp Daily columnists have been writers of Wired,[41] Vice,[42] NPR Music,[43] Pitchfork[44] and Paste.[45]

On August 4, 2017, the staff of Bandcamp Daily donated all of the day's sales proceeds to the Transgender Law Center, a civil rights organization for transgender people.[46]

In February 2018, the audience of Bandcamp Daily had increased by 84% since the previous year.[38] [47]

External links

Notes and References

  1. News: John . Tozzi . Helping Indie Musicians Market Their Tunes . . November 17, 2011 . November 15, 2020 . February 5, 2021 . https://web.archive.org/web/20210205094539/https://www.bloomberg.com/news/articles/2011-11-17/helping-indie-musicians-market-their-tunes . live .
  2. Web site: Private Company Financial Report on Bandcamp, Inc. . PrivCo . December 28, 2013 . September 24, 2015 . https://web.archive.org/web/20150924081924/http://www.privco.com/private-company/bandcamp . live .
  3. Web site: Sam. Clearman. An interview with Joe Holt. The HTML Times. 28 December 2013. October 1, 2008. May 12, 2020. https://web.archive.org/web/20200512062754/http://htmltimes.com/band-camp.php. live.
  4. Web site: Ethan . Maffey . The Best of Bandcamp: Get in on the ground floor with these sell-it-yourself bands . The Source Weekly . 28 December 2013 . July 18, 2012 . Web developers and friends Ethan Diamond, Shawn Grunberger, Joe Holt and Neal Tucker launched Bandcamp in 2008 . August 1, 2018 . https://web.archive.org/web/20180801094139/https://www.bendsource.com/bend/the-best-of-bandcamp-get-in-on-the-ground-floor-with-these-sell-it-yourself-bands/Content?oid=2178549 . live .
  5. Web site: February 6, 2019. Inside Bandcamp's New Oakland Venue, Record Shop and Office. Sam . Lefebvre. January 17, 2019 . KQED. live . May 21, 2019 . https://archive.today/20190521010107/https://www.kqed.org/arts/13848866/inside-bandcamp-oakland-online-music-retailers-new-venue-record-shop-and-office.
  6. Web site: Songtradr Acquires Bandcamp. Bandcamp. November 22, 2023 . 2023-11-27. en-US.
  7. Web site: 10 September 2010 . Full Tracklist Players, Facebook Love . 2014-06-19 . The Bandcamp Blog . May 21, 2014 . https://web.archive.org/web/20140521235609/http://blog.bandcamp.com/2010/09/09/full-tracklist-players-facebook-love/ . live .
  8. News: Krukowski . Damon . 19 August 2020 . A Tale Of Two Ecosystems: On Bandcamp, Spotify And The Wide-Open Future . en . NPR . 2020-08-19 . August 19, 2020 . https://web.archive.org/web/20200819170629/https://www.npr.org/2020/08/19/903547253/a-tale-of-two-ecosystems-on-bandcamp-spotify-and-the-wide-open-future . live .
  9. Web site: Yoo . Noah . November 17, 2020 . Bandcamp Launches New Livestreaming Service for Artists . . November 17, 2020 . November 17, 2020 . https://web.archive.org/web/20201117164959/https://pitchfork.com/news/bandcamp-launches-new-livestreaming-service-for-artists/ . live .
  10. Tatiana . Cirisano . November 17, 2020 . Here's How Bandcamp's New Livestreaming Platform Stacks Up . . November 17, 2020 . November 18, 2020 . https://web.archive.org/web/20201118033856/https://www.billboard.com/articles/business/9485366/bandcamp-live-livestreaming-platform-ticketed/ . live .
  11. Millman . Ethan . 2021-01-14 . Bandcamp Will Make Vinyl Records For You . Rolling Stone . en-US . 2021-05-20 . mdy-all . June 18, 2021 . https://web.archive.org/web/20210618062632/https://www.rollingstone.com/pro/news/bandcamp-vinyl-pressing-service-indie-music-1114800/ . live .
  12. Web site: Bandcamp is Joining Epic Games. Ethan. Diamond. Bandcamp. March 2, 2022. July 22, 2022. August 3, 2022. https://web.archive.org/web/20220803222433/https://blog.bandcamp.com/2022/03/02/bandcamp-is-joining-epic/. live.
  13. News: Sisario . Ben . 2022-03-02 . Gaming Giant Behind Fortnite Buys Bandcamp, an Indie Music Haven . . Ben Sisario . 2022-03-02 . April 14, 2022 . https://web.archive.org/web/20220414063326/https://www.nytimes.com/2022/03/02/arts/music/epic-games-bandcamp.html . live .
  14. News: Hussey . Allison . Bandcamp Employees Form Union . October 23, 2023 . Pitchfork . March 17, 2023.
  15. News: Council . Stephen . October 17, 2023 . Every member of Bandcamp union bargaining team was laid off in huge cuts at Oakland firm . SFGate . October 23, 2023.
  16. Web site: Fortnite maker Epic Games cutting 16% of workforce . September 28, 2023 . . October 17, 2023 . October 16, 2023 . https://web.archive.org/web/20231016162951/https://www.bbc.com/news/technology-66953910 . live .
  17. Web site: Epic Games cuts almost half of Bandcamp pre-Songtradr sale . Justin . Carter . October 16, 2023 . . October 17, 2023 . October 17, 2023 . https://web.archive.org/web/20231017101654/https://www.gamedeveloper.com/business/epic-games-cuts-almost-half-of-bandcamp-pre-songtradr-sale . live .
  18. Web site: Bandcamp, Oakland-based music industry darling, gutted by 50% layoff . Stephen . Council . October 16, 2023 . . October 17, 2023 . October 17, 2023 . https://web.archive.org/web/20231017030638/https://www.sfgate.com/tech/article/bandcamp-layoffs-oakland-songtradr-epic-18429463.php . live .
  19. Harrington . Caitlin . Epic Games' Sale of Bandcamp Has Left the Artist-Friendly Music Platform in Limbo . en-US . Wired . 2023-10-08 . 1059-1028 . October 8, 2023 . https://web.archive.org/web/20231008231930/https://www.wired.com/story/epic-games-sale-bandcamp-music-platform-limbo/ . live .
  20. Web site: Parrish . Ash . About half of Bandcamp employees have been laid off . The Verge . 17 October 2023 . en . 16 October 2023 . October 17, 2023 . https://web.archive.org/web/20231017092702/https://www.theverge.com/2023/10/16/23919551/bandcamp-layoffs-epic-songtradr . live .
  21. News: Cartledge . Luke . December 20, 2023 . Bandcamp's New Owner Has Gone After the Company's Unionized Workforce . Jacobin . March 27, 2024.
  22. Web site: Bandcamp Help . Bandcamp . 17 September 2018 . September 18, 2018 . https://web.archive.org/web/20180918054231/https://bandcamp.com/help/selling#pricing_performance . live .
  23. Web site: Thank You, It's a Gift . The Bandcamp Blog . 2013-11-26 . 2014-06-19 . July 4, 2014 . https://web.archive.org/web/20140704005135/http://blog.bandcamp.com/2013/11/26/thank-you-its-a-gift/ . live .
  24. News: James Shotwell . 2010-06-20 . Bandcamp.com changes business model . Alt Press . October 27, 2010 . August 8, 2011 . https://web.archive.org/web/20110808130705/https://www.altpress.com/news/entry/bandcamp.com_changes_business_model/ . live .
  25. Web site: Deitz . Ben . Bandcamp Decoded: An Indie Musician's Best (and Most Profitable) Friend . Switched.com . 2011-01-24 . 2014-06-19 . April 29, 2014 . https://web.archive.org/web/20140429045646/http://www.switched.com/2011/01/24/bandcamp-review-music-publishing-sharing-site/ . dead .
  26. Web site: Aswad . Jem . 2020-03-20 . Online Music Retailer Bandcamp Is Waiving Its Share of Sales Today – 100% Goes to Musicians . . en . July 10, 2020 . April 8, 2020 . https://web.archive.org/web/20200408073146/https://variety.com/2020/biz/news/bandcamp-waiving-share-of-sales-musicians-vinyl-coronavirus-1203540248/ . live .
  27. Web site: Galil. Leor. July 1, 2020. Another chance for a Bandcamp binge to help musicians. Chicago Reader. July 2, 2020. July 2, 2020. https://web.archive.org/web/20200702025620/https://www.chicagoreader.com/chicago/bandcamp-friday-waive-revenue-pandemic-touring-share/Content?oid=81039909. live.
  28. Web site: Support Artists Impacted By the Covid-19 Pandemic. July 3, 2020. Bandcamp Daily. September 14, 2020. September 18, 2020. https://web.archive.org/web/20200918164953/https://daily.bandcamp.com/features/bandcamp-covid-19-fundraiser. live.
  29. Web site: Is it Bandcamp Friday?. isitbandcampfriday.com. September 14, 2020. September 23, 2020. https://web.archive.org/web/20200923214538/https://isitbandcampfriday.com/. live.
  30. Web site: Turman. Katherine. 'Bandcamp Fridays' Raised $40 Million for Artists, Will Continue in 2021. Spin. December 15, 2020. December 15, 2020. December 15, 2020. https://web.archive.org/web/20201215193254/https://www.spin.com/2020/12/bandcamp-raised-40-million-for-artists/. live.
  31. Web site: Bandcamp Directing Profits to NAACP Legal Defense Fund. Pitchfork. June 2020. June 1, 2020. June 3, 2020. https://web.archive.org/web/20200603081430/https://pitchfork.com/news/bandcamp-directing-profits-to-naacp-legal-defense-fund/. live.
  32. News: Caroline Klibanoff . 2010-07-27 . Amanda Palmer Brings in $15,000 on Bandcamp in Three Minutes . . February 20, 2020 . August 29, 2018 . https://web.archive.org/web/20180829110315/https://www.pastemagazine.com/articles/2010/07/amanda-palmer-sells-15k-on-bandcampin-three-minute.html . dead .
  33. News: Glenn Peoples . 2010-06-22 . Amanda Palmer Sells $15K Worth Of Music, Merch In Three Min . . October 27, 2010 . October 28, 2010 . https://web.archive.org/web/20101028051455/http://www.billboard.biz/bbbiz/content_display/industry/e3ic0d7c3a6d02f0164fdfba6f2c15d432c . live .
  34. Web site: Fat Wreck, Epitaph, Sub-Pop Get Bandcamp Pages . Riffyou.com . December 17, 2014 . 2014-12-18 . January 8, 2015 . https://web.archive.org/web/20150108233328/http://www.riffyou.com/fat-wreck-epitaph-sub-pop-get-bandcamp-pages/ . live .
  35. Web site: Peter Gabriel's Solo Discography Comes to Bandcamp. 2019-11-15. Bandcamp Daily. 2020-04-22. February 9, 2020. https://web.archive.org/web/20200209092121/https://daily.bandcamp.com/features/peter-gabriel-bandcamp-catalog. live.
  36. Web site: 2020-12-01 . Warp Records are now on Bandcamp . 2022-08-25 . Crack Magazine . August 25, 2022 . https://web.archive.org/web/20220825132352/https://crackmagazine.net/2020/12/warp-records-are-now-on-bandcamp/ . live .
  37. Web site: May 20, 2019. Is Bandcamp the Holy Grail of Online Record Stores?. Ben . Ratliff. Ben Ratliff. August 19, 2016. The New York Times. live. August 19, 2016. https://web.archive.org/web/20160819230822/https://www.nytimes.com/2016/08/20/arts/music/bandcamp-shopping-for-music.html.
  38. Web site: May 21, 2019. Musicians Earned Over $270 Million From Bandcamp Last Year. Tara . Mahadevan. February 14, 2018. Complex. live. May 21, 2019. https://archive.today/20190521080822/https://www.complex.com/music/2018/02/musicians-earned-270-million-dollars-from-bandcamp-last-year.
  39. Web site: May 21, 2019. It's OK If You Don't Have Your Career Figured Out by 30. Glamour. Maggie . Serota. November 10, 2017. live. November 11, 2017. https://web.archive.org/web/20171111012741/https://www.glamour.com/story/career-late-bloomers.
  40. Web site: "Half of Bandcamp's staff made redundant as Songtradr acquisition is completed". 18 June 2024. 17 October 2023.
  41. Web site: Outsourcing Police Investigations to Google Risks Privacy and Justice. Simon. Chandler. Truthout. January 22, 2019. May 21, 2020. October 24, 2020. https://web.archive.org/web/20201024025305/https://truthout.org/articles/outsourcing-police-investigations-to-google-risks-privacy-and-justice/. live.
  42. Web site: Zachary Lipez's Articles. Inc.com. May 21, 2020. May 12, 2020. https://web.archive.org/web/20200512055700/https://www.inc.com/author/zachary-lipez. live.
  43. Web site: Subscribe to The Hash Podcast — New Season January 8th!. December 20, 2018. May 21, 2020. November 8, 2020. https://web.archive.org/web/20201108105633/https://www.leafly.com/news/podcasts/subscribe-to-the-hash-podcast-new-season-begins-january-8th. live.
  44. Web site: Dennis Cooper doesn't want you to look away. Michael. Siebert. The Outline. May 21, 2020. July 2, 2020. https://web.archive.org/web/20200702173026/https://theoutline.com/post/6013/dennis-cooper-very-intriguing-person. live.
  45. Web site: Channel Tres' blend of G-Funk and minimal house is the rap risk we've been waiting for. August 8, 2018. May 21, 2020. May 11, 2020. https://web.archive.org/web/20200511014140/https://www.factmag.com/2018/08/08/fact-rated-channel-tres-interview/. live.
  46. Web site: May 21, 2019. Bandcamp Donating Proceeds to Transgender Law Center This Friday. Sam. Sodomsky. Pitchfork. July 31, 2017. live. July 31, 2017. https://web.archive.org/web/20170731173711/https://pitchfork.com/news/bandcamp-donating-proceeds-to-transgender-law-center-this-friday/.
  47. Bandcamp Paid Musicians Over $70M in 2017. May 20, 2019. Billboard. February 13, 2018. Colin . Stutz . live. February 14, 2018. https://web.archive.org/web/20180214043954/https://www.billboard.com/articles/business/8099603/bandcamp-paid-270-million-musicians-over-2017-review.

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