Bandcamp Fridays, where artists earn 100% of sales revenue, are set to return next month
“We’re going to continue doing Bandcamp Fridays in 2022.”
Bandcamp Fridays are returning from 4 February according to a new statement from the music distribution platform.
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The initiative, which launched back in March 2020, was a pandemic-era promotion where the service skips taking its usual cut from music and merchandise sales to support artists affected by the Coronavirus outbreak.
Much to the delight of fans and artists alike, the platform had kept its promise to keep things going throughout 2021, dutifully waiving its revenue share for all sales on the first Friday of every month. 100% of the proceeds went directly to artists, many of whom found themselves with limited opportunities as pandemic restrictions put a halt to live music performances and promotions.
Bandcamp Fridays return on February 4th. https://t.co/3tQF43Lnh1
— bandcamp (@Bandcamp) January 24, 2022
In a statement announcing the initiative’s return, Bandcamp said, “On the first Friday of the month since March of 2020, we’ve waived our revenue share to help support the many artists who have seen their livelihoods disrupted by the pandemic.”
“Over the course of 17 days, fans paid artists and labels more than $70 million dollars, helping cover rents, mortgages, groceries, medications, and much more. If you’re among the nearly 800,000 fans who participated, thank you.”
“It will likely be several months before live performance revenue returns in full. So we’re going to continue doing Bandcamp Fridays in 2022, on 4 February, 4 March, 1 April, and 6 May.”