Bandcamp's Friday Haul: Fans Spent $4.3 Million on 800,000 Items

"We don’t yet know the long-term impact of Covid-19, but we know that we all need music — to uplift and inspire us, to heal us, and to give us hope," Bandcamp co-founder and CEO Ethan Diamond wrote in a new company blog post. "We’ll continue working to make Bandcamp the best place for fans and artists to come together and sustain each other in the challenging times ahead."

The one-day purchasing event was created by Bandcamp to support artists who have suffered financial losses due to coronavirus, as virtually all U.S. tours have come to a halt to prevent contagion.

Artist accounts on Bandcamp are free, but normally, Bandcamp takes a 15% revenue share for digital sales and 10% for merch. As always, Bandcamp says that funds from Friday's event reached the artists and labels within 24–48 hours.