Bandcamp has made $150M in artist profits in the last eight years
As the payouts for artists on streaming platforms remains controversial, Bandcamp reveals its successes.
According to Billboard, digital retailer Bandcamp has paid artists $150M in eight years. This is a major number for an independent platform, particularly amidst such stiff competition like iTunes.
As Billboard notes, Bandcamp prides itself on transparency with the artists, taking only 15% from profit before decreasing to 10% after $5000 sold annually and 10% from physical goods, such as merch, vinyl and cassettes.