Bandcamp hits $100m payout milestone
Direct-to-fan platform Bandcamp has paid out $100 million to artists.
The site, which launched in 2007, has seen sales rise 30% in the last year, according to co-founder Ethan Diamond.
More than 16,000 records are bought every day on the site, amounting to one every five seconds. Bandcamp estimates that fans give artists $3.5m every month via the site.
In a blog post, Diamond said: “We see this growth as proof that if you give fans easy ways to directly support ...
Login to access this article
To access this article you need to be a subscriber. If you are a subscriber login below.
Login NowSubscribe
If you have previously taken a trial you will need to subscribe to access this article.
Subscribe Now
