Bandcamp, an online music store and community, has announced that it has been acquired by Epic Games, the creators of Fortnite. The music company also confirmed that initiatives like Bandcamp Fridays, where the platform waives revenue sharing so that artists receive all revenue in a 24-hour period, and their online publication, Bandcamp Daily, will continue to operate as it is.
Bandcamp says that joining Epic Games will allow it to expand internationally and accelerate further growth on the platform, including work on mobile apps and merchandise tools, as well as features. search and discover. Additionally, Epic Games notes that Bandcamp will contribute to their vision of a “creative marketplace ecosystem” for content, technology, games, art, and music.
Bandcamp will join Epic Games! Read more here: pic.twitter.com/4t1MRvugmG
– bandcamp (@Bandcamp) March 2, 2022
“Bandcamp’s mission is to help spread the healing power of music by building a community where artists thrive through direct fan support,” said Bandcamp CEO Ethan Diamond said in a statement. “At Epic, we found a partner who believes as deeply as we do that the future of music and the arts itself depends on creating equal and inclusive communities like the ones fans love. Our graves and artists helped build.”
Steve Allison, Vice President and General Manager of Stores at Epic Games also agrees, “Bandcamp has built an incredible community and business where up-and-coming artists can thrive on Direct fan support, with one of the best sales models and terminology in music, this aligns closely with Epic’s approach to supporting creators across all channels. media and allowing them to connect directly with their fans.”
This isn’t the first time Epic Games has bought a music-based company. In November, Epic Games acquired Harmonix, a studio known for titles like Rock Band and Dance Central. Epic seeks interest in Harmonix as it could help develop “a musical and gameplay journey for Fortnite.”
George Yang is a freelance writer for IGN. You can follow him on Twitter @yinyangfooey
https://www.ign.com/articles/fortnite-bandcamp-epic-games Epic Games buys music service band