From a listener’s perspective, this is great! If you’re a regular listener of music in the year 2021, none of this is news to you. They may hear some advertisements but almost all of the functionality of the service is intact. Anyone can sign up for Spotify and start streaming music without ever providing any payment information. These services provide an extremely low barrier to entry. Over the course of the past few years, streaming services providers like Apple Music, Spotify, YouTube Music and their ilk have become the norm for consuming music. While it’s insightful to know the ethos of the company and that their profit margins are healthy, the real benefit of Bandcamp comes when considering the current ecosystem of music. According to their About Us page, they’ve paid artists $650 million dollars. That’s important to note because it cements the notion that they aren’t a fly by night company, nor are they operating off of investor money and predictions of profitability, they are already making money. They were founded in 2007 and have been profitable since 2012. It’s free to use with the caveat that for every sale you make, they take a 15% cut (10% on physical merch items).
To start, you should know that Bandcamp is a self-serve platform for offering digital music for sale.
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