Today is the latest Bandcamp Friday!
Much has changed at Bandcamp since its rocky acquisition by Songtradr late last year. Following major layoffs, there is less editorial content, and innovation seems to have slowed.
But one thing has remained constant: the popular 1st of the month Bandcamp Friday promotions, with Friday, February 2, 2024, its latest.
On the first Friday of the month since March of 2020, Bandcamp has waived its revenue share to help support artists and labels on Bandcamp. Since then, more than a million fans have paid artists and labels over USD 100 million.
On Bandcamp Fridays, an average of 93% of the fan’s money reaches the artist/label (after payment processor fees) vs. a purchase on other days when an average of 82% reaches the artist/label.
Fans have paid artists $1.25 billion using Bandcamp, and $194 million in the last year.
Bruce Houghton is the Founder and Editor of Hypebot, a Senior Advisor at Bandsintown, President of the Skyline Artists Agency, and a Berklee College Of Music professor.