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Songtradr acquires Bandcamp from Epic Games

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Offline 5arah

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Songtradr acquires Bandcamp from Epic Games
« on: March 02, 2022, 07:35:45 PM »
https://www.theverge.com/2022/3/2/22958416/epic-games-bandcamp-music-store-acquisition

From Bandcamp's blog
I’m excited to announce that Bandcamp is joining Epic Games, who you may know as the makers of Fortnite and Unreal Engine, and champions for a fair and open Internet.

Bandcamp will keep operating as a standalone marketplace and music community, and I will continue to lead our team. 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.

Since our founding in 2008, we’ve been motivated by the pursuit of our mission, which is to help spread the healing power of music by building a community where artists thrive through the direct support of their fans. That simple idea has worked well, with payments to artists and labels closing in on $1 billion USD. And while over the years we’ve heard from other companies who wanted us to join them, we’ve always felt that doing so would only be exciting if they strongly believed in our mission, were aligned with our values, and not only wanted to see Bandcamp continue, but also wanted to provide the resources to bring a lot more benefit to the artists, labels, and fans who use the site. Epic ticks all those boxes. We share a vision of building the most open, artist-friendly ecosystem in the world, and together we’ll be able to create even more opportunities for artists to be compensated fairly for their work.

Whether you joined Bandcamp recently or have been with us since the beginning 14 years ago, thank you for being a part of this incredible community, and we look forward to serving you for many years to come!

Ethan Diamond
Bandcamp co-founder and CEO

« Last Edit: September 29, 2023, 08:36:21 PM by Administrator »

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Offline 5arah

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Re: Epic Games acquires Bandcamp
« Reply #1 on: September 29, 2023, 05:10:24 PM »
https://www.yahoo.com/entertainment/epic-games-sells-bandcamp-music-182935086.html?fr=sycsrp_catchall
https://www.songtradr.com/blog/posts/songtradr-bandcamp-acquisition

Epic Games Sells Bandcamp to Music Licensing Platform Amid Layoffs
Video game developer Epic Games has announced it is selling Bandcamp just 18 months after acquiring the music distribution platform. Music licensing platform and marketplace company Songtradr will acquire the company for an undisclosed sum.

The sale coincides with the news that Epic Games is laying off 830 employees, or 16% of its workforce, in addition to divesting from Bandcamp and spinning off SuperAwesome’s advertising business. In a statement, Steve Allison, vice president and general manager of the Epic Games store, said the sale would “make it easier for independent artists to connect with creators and developers looking to license their music and enable Epic to focus on its core metaverse, games, and tools efforts.”

For its part, Songtradr promised to “continue to operate Bandcamp as a marketplace and music community with an artist-first revenue share.” According to Songtradr’s own announcement, it will offer artists “the ability and choice to have their music licensed to all forms of media including content creators, game and app developers and brands” including Epic Games, which will continue to collaborate with Bandcamp on projects like Fortnite Radio.


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Offline Administrator

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Re: Songtradr acquires Bandcamp from Epic Games
« Reply #2 on: October 17, 2023, 04:36:18 AM »
 Pashang 爬上
Howdy y'all...as you may have seen, Bandcamp has been sold by its previous owner, a scummy gaming company, to an even more repulsive, anti-consumer pile of excrement called SongTradr, and in the process, at least half of the Bandcamp team have been let go.

#ripbandcamp.

For those of you who (like me) are avid collectors of music, I highly recommend downloading all your music purchases (including purchases from me) in the likely event that SongTradr makes changes to the platform or artists (also like me) simply decide to remove their music from this once-venerated site in protest. I will start looking into alternatives to Bandcamp to allow people who want to OWN music and support artists to continue being able to do so. In the meantime, vote with your wallets and speak out if you want to see this amazing resource preserved!

Much love, people.

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Offline droidrage

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Re: Songtradr acquires Bandcamp from Epic Games
« Reply #3 on: October 18, 2023, 04:31:34 PM »
Hey kiddo!

I’m writing to you today to talk about something that’s shaking up the independent music scene right now.


In case you haven’t heard, Bandcamp, the website used by nearly every independent musician today, has been sold for the second time in just 2 years. Previously it was bought by EPIC, the video game company, and most recently by Songtradr, a music licensing company. During this buyout, only 50% of the Bandcamp staff was offered to continue their jobs. That’s just a nice way of saying they laid off half the people that make Bandcamp one of the best places for musicians to sell their music.


But I’m not writing to talk about business. I wanted to remind you what you already know: You’ve got to take care of the good things in your life, cause they are not guaranteed.


20 years ago MySpace was a huge boon to independent musicians, because, in the middle of a bustling social media platform, artists were able to put their music up where anyone could hear it. This launched the careers of artists like Paramore, Panic at the Disco, Lily Allen, hell, even Adele.


But MySpace was overshadowed by Facebook, a platform that did not (and still does not) allow musicians to upload their music to it. And since then every other social media platform has followed the same path. Videos are a-ok, but music alone is a no-go.


Because of this, musicians have an especially difficult time getting their music in front of people. Music is meant to be an experience over time, and much of the internet is focused on super short attention grabbing images and videos.

So we have a lot of “noise” out there. I don’t use that term to disparage other people, just that what you want is often in the same pool as things you don’t, and that means finding ways to stay in touch with the artists you appreciate can be a bit of a chore.


YouTube is a fantastic example of this. In the beginning, you would subscribe to an artist, and every video they posted would show up in your Subscriptions Feed. But then YouTube realized that people didn’t visit their Subscription Feed (and YouTube didn’t push it), so they introduced the “Bell” which would notify you when a new video came out, because they felt you weren’t paying attention to your subscriptions. So now you have artists asking you to do 3 things for every video. It’s a mess.


And finally, we have services change their business models, die out, or fall out of fashion. Personally, I grew a very engaged community on Twitter, only to watch it all slowly dissolve as it changed owners and was mismanaged to death. So not only have I lost that community I spent so much time fostering, I’ve also lost another avenue of getting my music above “the noise.”

With Bandcamp’s future in question, a lot of musicians are very nervous that the best means they have to sell their music to people that care will go away, and they’ll be stuck selling their music through megacorps like Apple, Google, and Amazon. It goes without saying that those guys have little to no interest in independent musicians other than to boost the number of songs in their libraries. They don’t even allow musicians to upload music themselves. We have to go through paid 3rd parties like Distrokid and CDBaby to get our music up there. (So Distrokid takes a cut, iTunes takes a cut, not much of your dollar per song is actually coming back to musicians.)

Despite this disturbance in the musical force, I am not too worried, personally. I do worry for the scene as a whole, but for Vampire Step-Dad, I think I’ll be OK. Why? Because I have you. People like yourself that have subscribed to my newsletter, who I don’t need a third party to communicate with. As long as you keep opening your email, I’ll still have a means to talk with you. Also, many of you have chosen to purchase my music through my website, where I get the largest cut by far, and I have no fear of losing control through some change in terms of service or ownership. So thank you for not just supporting me, but supporting me through the means that help me the most. That means a heck of a lot.


In the same way, care for the relationships in your life. Don’t rely on social media to stay in touch with people. Reach out, spend time together, talk to each other. Don’t lose track of people just because of a change in terms of service.

And hey, if you’re wanting to celebrate the spooky season, don’t forget that I have an album made just for it, Songs To Haunt A House To. It’s all about setting that creepy vibe so kids are reluctant to ring your doorbell.

And lastly, I can’t talk about people that support me without mentioning my amazing patrons on Patreon, Barl0we, Oakley Barton, Andrew Dodd, Jeff Kouns, Nadia Lee Monaghan, Matthew Lister, Matthew Gambrell, Michael Talbert, [ T Ÿ Ł Ę R ], Mike Shema, Lori F., The Ghost Story Guys, Timperator of Man, JodyFowler , Fabian Frizzi, Kara, Watch Out For Snakes, Chris Hayes, Miriam, Amanda Reep, James Baxter, Erin Murphy, and Leia Eloise Dow. I don’t pick favorites, but if I had to…


Now, Go listen to some good music!


Love you,

Vlad, your Vampire Step-Dad


Vampire Step-Dad

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Offline droidrage

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Re: Songtradr acquires Bandcamp from Epic Games
« Reply #4 on: October 19, 2023, 05:53:41 PM »
Dear all!

I'm sure some of you have heard about how Bandcamp has been acquired by yet another company that has then swiftly fired half of the employees. This platform seems on it's way out slowly but surely.

First of all, we encourage you to support the Bandcamp employee union BANDCAMP UNITED. More information here: www.bandcampunited.org

Second of all, if you are so inclined, you can sign up to our mailing list at www.thisisplaguepits.com . This way, we can stay in touch in case this site here goes belly up.

Thanks for your time and best wishes!
P.P.