Artists can change the look of their page and customize its features. In addition to digital downloads artists may offer to sell their music on physical media such as CD or vinyl.īandcamp'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. ĭownloads are offered in lossy formats MP3 ( LAME, 320k or V0), AAC and Ogg Vorbis, and in lossless formats FLAC, ALAC, WAV and AIFF. 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. They can also send purchased music as a gift, view lyrics, and save individual songs or albums to a wish list. 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. Business model Īrtists and labels upload music to Bandcamp and control how they sell it, setting their own prices, offering users the option to pay more, and selling merchandise. Ethan Diamond said “Bandcamp will keep operating as a stand-alone marketplace and music community.". Epic said the platform “will play an important role in Epic’s vision to build out a creator marketplace ecosystem.". īandcamp was acquired by Epic Games on March 2, 2022. The company's two million vinyl sales in 2020 doubled that of 2019. Bandcamp lets artists set their own price. Their fans preorder the pressing rather than having the artist fund it upfront. After a 50-artist pilot in 2020, the company opened limited access to 10,000 artists in early 2021 with plans for further expansion. īandcamp provides vinyl pressing services for artists. Fees on tickets were waived until March 31, 2021, and became 10% from then. The service is an integrated feature of the Bandcamp website. In November 2020, Bandcamp launched Bandcamp Live, a ticketed live-streaming service for artists. Īs of August 2020, half of Bandcamp's revenue was from sales for physical products. In 2010, the site enabled embedding in other websites and shared links on social media sites. Bandcamp was founded in 2007 by Ethan Diamond and programmers Shawn Grunberger, Joe Holt and Neal Tucker, headquartered in Oakland, California, US.
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