- 15 Dec 20
Over the course of nine Bandcamp Fridays during 2020, nearly 800,000 fans paid artists and labels €33 million ($40 million).
Bandcamp announced an initiative back in March of this year to help musicians affected by the Covid-19 pandemic, with the platform waiving its percentage cut for sales made on the first Friday of each month.
Bandcamp Fridays will now be extended through May 2021, taking place on the following dates; February 5, March 5, April 2, and May 7.
There will not be a Bandcamp Friday on January 1, 2021.
In addition to the Bandcamp Friday extension, the company revealed that fans spent €33 million ($40 million) through the monthly promotions.
"Over the course of these nine days, fans paid artists and labels $40 million dollars, helping cover rents, mortgages, groceries, medications, and much more. If you’re among the nearly 800,000 fans who participated, thank you," the company wrote on their website.
"Although vaccines are starting to roll out, it will likely be several months before live performance revenue starts to return," they said during the announcement, citing the lack of concerts for the continuation of Bandcamp Fridays.
Bandcamp also announced a new livestreaming feature on their platform back in November, making it easier for artists to set up ticketed livestreams.
Clap Your Hands Say Yeah, Cloud Nothings, Liv.e, Kaitlyn Aurelia Smith, Madison McFerrin, Hatchie, and Pedro the Lion are among the artists who have already confirmed shows on the new livestream platform.
Visit their website here for more details on Bandcamp Fridays.
Fans paid artists $40 million during the nine Bandcamp Fridays we held this year. Big thanks to everyone who participated, here’s what we’re doing in 2021: https://t.co/0KcZi3LKOj
— bandcamp (@Bandcamp) December 15, 2020