Bandcamp has been bought by ‘Fortnite’ maker Epic Games

nme.com:

Fortnite maker Epic Games.Badcamp announced the news today (March 2) in a lengthy statement on its website.Bandcamp co-founder and CEO Ethan Diamond said: “Bandcamp will keep operating as a standalone marketplace and music community, and I will continue to lead our team.”He continued: “The products and services you depend on aren’t going anywhere, we’ll continue to build Bandcamp around our artists-first revenue model (where artists net an average of 82% of every sale), you’ll still have the same control over how you offer your music, Bandcamp Fridays will continue as planned, and the Daily will keep highlighting the diverse, amazing music on the site.“However, behind the scenes we’re working with Epic to expand internationally and push development forward across Bandcamp, from basics like our album pages, mobile apps, merch tools, payment system, and search and discovery features, to newer initiatives like our vinyl pressing and live streaming services.”Bandcamp is joining Epic Games!

Read more here: https://t.co/dvLEhURZYG pic.twitter.com/4t1MRvugmG— bandcamp (@Bandcamp) March 2, 2022He added: “Bandcamp’s mission is to help spread the healing power of music by building a community where artists thrive through the direct support of their fans.

In Epic, we’ve found a partner who believes as deeply as we do that the future of music, and art itself, depends on the creation of equitable and inclusive communities like the one our fans and artists have helped to build.“We’re excited to work alongside the Epic team to accelerate the realisation of our mission and pursue our shared goal of empowering more creators in a fair and open way.”Epic Games also announced the takeover on its website writing that “fair and open platforms.