Epic Games Acquires Music Platform Bandcamp

epic games bandcamp

Epic Games has made its presence in the music space deeply felt for a few years now by playing host to the who’s who of the music world gracing their virtual stages.

From deadmau5 to J Balvin and Travis Scott to Mashmello, the in-game concerts held in ‘Fortnite’ have seen them all. The software development company has now further cemented its presence in the space by acquiring Bandcamp.

Co-founder and CEO of Bandcamp, Ethan Diamond shared a statement released on social media and went on to say this merger will not alter either of the companies’ dedication to benefitting artists and creators saying, “I’m excited to announce that Bandcamp is joining Epic Games such as online casino mit sms bezahlen, 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 the team.”

While artists on Bandcamp net an average of 82% of every sale, Bandcamp also hosted ‘Bandcamp Fridays’ where on every Friday, they waved its fees on music sales. Diamond went on to confirm that will continue as planned saying, “Bandcamp Fridays will continue as planned and the Daily will keep highlighting the diverse, amazing music on the site.” and then went on to say, “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.”

Ending his statement sharing how multiple companies have wanted to work with in the past but why this time Epic was the right choice, Diamond said, “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 for their work.”

H/T – Dancing Astronaut

Melody Siganporia
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