freshkda.blogg.se - Bandcamp royalties

“Epic and Bandcamp share a mission of building the most artist-friendly platform that enables creators to keep the majority of their hard-earned money.” According to Bandcamp, under its revenue model, artists receive a net average of 82% of every sale. “Fair and open platforms are critical to the future of the creator economy,” Epic Games said in announcing the pact. Video-game developer Epic Games has acquired Bandcamp, the online music store and community geared around independent musicians. Dua Lipa Faces Copyright Infringement Lawsuit Over “Levitating”Įpic Games Acquires Bandcamp as “Fortnite” Maker Expands Into Music.

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Epic Games Acquires Bandcamp as “Fortnite” Maker Expands Into Music.

This extension, says ARIA CEO Annabelle Herd, is “helping us to depict an even broader picture of Australia’s music consumption week to week.” The PRO paid out $1.25 billion to more than 850,000 songwriter, composer and publisher members from last year’s collections.Įffective as of March 4, YouTube data will be collected from logged-in users and contribute to all streaming charts released by the Australian Recording Industry Association (ARIA). In the US, ASCAP has hit a new record for annual collections in 2021, reaching $1.34 billion.

According to the video-game developer, the two “share a mission of building the most artist-friendly platform that enables creators to keep the majority of their hard-earned money.” Bandcamp will continue to be led by CEO and co-founder Ethan Diamond. Epic Games has acquired Bandcamp, although terms of the deal were not disclosed.