Bandcamp Plans To Waive Revenue On March 20th To Help Aid Musicians Effected By Coronavirus

Bandcamp Plans To Waive Revenue On March 20th To Help Aid Musicians Effected By Coronavirus

It is no joke that the COVID-19 virus has effected nearly everyone across the globe in one way or another. Folks in the music/entertainment industry have been crushed with this due to things like restrictions of gatherings. This leaves bands having to be creative with the way they make money. But thanks to companies like Bandcamp, the live streaming site has announced that they will be waiving their share of revenue on all sales this Friday,  March 20th. Purchases must be made between the hours of 12am and 11:59pm in order for the full sale to go to the artist.

Co-Founder and CEO Ethan Diamond states:

The Covid-19 pandemic is in full force, and artists have been hit especially hard as tours and shows are being canceled for the foreseeable future. With such a major revenue stream drying up almost entirely, finding ways to continue supporting artists in the coming months is now an urgent priority for anyone who cares about music and the artists who create it. The good news is that we’re already seeing many fans going above and beyond to support artists across Bandcamp.

To raise even more awareness around the pandemic’s impact on musicians everywhere, we’re waiving our revenue share on sales this Friday, March 20 (from midnight to midnight Pacific Time), and rallying the Bandcamp community to put much needed money directly into artists’ pockets.

For many artists, a single day of boosted sales can mean the difference between being able to pay rent or not. Still, we consider this just a starting point. Musicians will continue to feel the effects of lost touring income for many months to come, so we’re also sharing some ideas below on how fans can support the artists they love and how artists can give fans new, creative ways to provide support.

It may sound simple, but the best way to help artists is with your direct financial support, and we hope you’ll join us on Friday and through the coming months as we work to support artists in this challenging time.

 

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