Bandcamp have shared details of a second date in which they will be waiving artist fees. On May 1st 100% of revenue from sales on Bandcamp will go directly to artists.
In an email sent to artists and labels the website said “A few Fridays ago we waived our revenue share to help artists and label impacted by the Covid-19 pandemic. The Bandcamp community went above and beyond, spending $4.3 million on music and merch in just 24 hours. It was an inspiring day, and we heard many requests to do it again, so we’re going to do exactly that (and a bit more)”.
Artists typically make most of their money on tour but at the moment touring and large scale gatherings of people are banned in most countries due to the COVID-19 pandemic. Waiving fees allows artists to regain some of the lost money they would have made on tour.
On the previous fee-waving day some artists took the opportunity to sell tour merch for concerts that were cancelled such as Yves Tumor. Whilst others released exclusive songs or albums only available to buy on the day to encourage fans to support them.
More details to be announced nearer to the date.