Bandcamp Has Paid Artists $150M in 8 Years

Money bags
Wavebreakmedia/Getty Images

The music sales platform brought in $4.3 million in the last 30 days.

As of Wednesday (April 6), Bandcamp had helped pay artists more than $150 million since it was founded in 2008. Of which, it reported $4.3 million in the last 30 days alone. 

Bandcamp Now Offers Exclusive Embeds for Artists

Amidst the current streaming wars, Bandcamp has largely stayed above the fray without directly competing with the biggest players but serving as a nice alternative favored in large part by independent artists and labels. 

Bandcamp Urges Artists to Bundle Up

With nearly 1 million registered fans (a term which disincludes labels and artists), the platform prides itself on what it calls a transparent, artist-friendly model: It takes a 15 percent cut on digital items (10 percent after $5,000 in annual sales) and 10 percent on physical goods such as vinyl, cassettes and t-shirts, which can all be sold side-by-side on the platform. Since 2012, the privately owned company says it has been profitable and self-funded.