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Bandcamp Fair Trade Music Policy
Bandcamp believes that music is an indispensable
of culture
and for that culture to
thrive
artists must be compensated fairly and transparently for their work:
We're proud of the fact that when you choose to pay an artist on Bandcamp, your money
reaches them quickly; and in a way that is simple to explain and understand: Our
business, which was founded in 2008 and has been profitable since 2012,is based on
taking a revenue share of sales.
Our share is 15% on digital items
and 10 on physical
goods. Payment processor fees are separate and vary depending on the size of the
transaction, but for an average size purchase
amount to an additional 4-7. The
remainder; usually 80-859 ,
goes directly to the artist or their label, and we pay out daily:
Since we only make money when artists make a lot more money; our interests remain
aligned
those of the community we serve. It's a straightforward approach; and one
we re happy to say works well Fans have paid artists and independent labels 5901
million using Bandcamp, and S16.5 million in the past 30 days alone. Thank YOu for
being
part of a fair; sustainable music economyl
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