This Could Be The End Of BANDCAMP As We Know It!!!

Bandcamp is a music streaming platform for bands to sell their music and merch that the platform only takes a small cut of versus Spotify that rips artists off making millions while never turning a profit! The company has been owned by Epic Games and was recently sold to Songtradr for around $270 millions dollars. In the process around half of the people employed by band camp were laid of albeit with a more then fair severance package while the other half were asked to stay. Epic Games sold the company stating that it lacked financial stability even though it has slowly but surly been making money for not only the company but the artist who use it where as Spotify loses millions every year and basically robs the artists on its platform.
What do you think Bandcamp could do to more appealing to a broader audience? Do you use either Bandcamp or Spotify? What are your likes and dislikes about the platforms?
#bandcamp #music #news #podcast
Sources: https://www.npr.org/2020/08/19/903547253/a-tale-of-two-ecosystems-on-bandcamp-spotify-and-the-wide-open-future
Sources: https://www.musicbusinessworldwide.com/companies/epic-games/
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