Bandcamp Friday

Commencing at the start of Covid lockdown in March 2020, Bandcamp introduced Bandcamp Friday on the first Friday of each month where it waives its revenue share to help support artists who saw their livelihoods disrupted by the pandemic. Even though lockdown is now over (and we hope it doesn't come back) they continue to waive fees on the first Friday of each month.

The next Bandcamp Friday is this Friday 2 Dec 2022. Artists/labels receive on average 93% (after payment processor fees) of sales proceeds. Even on normal days artists receive on average 82% of proceeds so, wherever available, I would encourage you purchase from Bandcamp rather than the huge multinationals such as Apple and Amazon. 

Amazon's fee model is quite convoluted but for a single £0.99p track I estimate that, after fees, less than 10% is received by artists as there is a per item fee of £0.75p plus a referral fee of 15.3%, so £90.3p is deducted from a £99p sale. There are also closing fees but I don't think they are applicable for digital music. To obtain more then you must sign up to a monthly plan starting at £25 per month which I suspect you are tied into for at least 12 months.

I haven't investigated the Apple fee structure but I'd be surprised if it were much different.

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