Epic Games to acquire music company Bandcamp — still an ‘artists-first’ platform

Epic Games to acquire music company Bandcamp — nonetheless an ‘artists-starting time’ platform

(Epitome credit: Epic Games)

Internet music company and online tape store Bandcamp is ready to join Ballsy Games, the creator of
and the Unreal Engine. However, co-founder and CEO Ethan Diamond states that Bandcamp will proceed to operate as a standalone marketplace and music customs.

According to the blog post, Bandcamp will still build its platform effectually its “artists-first revenue model,” while products and services already in identify will remain. The company will be working with Epic Games to “expand internationally and push button development forward beyond Bandcamp,” including everything from its mobile apps and payment system to new features such as vinyl pressing and live streaming services.

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Bandcamp aims to build the most open, artist-friendly ecosystem, allowing artists to artists cyberspace an average of 82% of every sale on its platform. At present, with Epic Games, the company wants to expand its vision.

“Since our founding in 2008, nosotros’ve been motivated by the pursuit of our mission, which is to help spread the healing ability of music past building a community where artists thrive through the direct support of their fans,” Diamond states. “That uncomplicated idea has worked well, with payments to artists and labels closing in on $1 billion USD.”

The alternative music platform has accumulated a big fanbase over the past 14 years, so fans will exist happy to know certain features such as Bandcamp Fridays and the “Daily” volition proceed later on joining Epic Games.

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This isn’t the showtime fourth dimension Ballsy Games has acquired companies that aren’t exclusively related to gaming, as it brought in social networking service and group video platform Houseparty in 2019. Still, Epic shut down Houseparty in 2021 (via The Verge), with the team continuing to piece of work on social services for Epic Games. Co-ordinate to the post, Bandcamp aims to go on more independence.

The Epic Games conquering is 1 of many major deals appear over the past few months, including Destiny and Halo creator Bungie being acquired by Sony for $three.half dozen billion and Xbox acquiring Activision Blizzard for $68.vii billion.

Darragh Murphy is fascinated past all things baroque, which usually leads to assorted coverage varying from washing machines designed for AirPods to the mischievous world of cyberattacks. Whether information technology’s connecting Scar from The Lion King to two-cistron authentication or turning his love for gadgets into a fabricated rap battle from viii Mile, he believes there’s always a quirky spin to be made. With a Master’s degree in Magazine Journalism from The University of Sheffield, along with short stints at Kerrang! and Exposed Magazine, Darragh started his career writing near the tech industry at Time Out Dubai and ShortList Dubai, roofing everything from the latest iPhone models and Huawei laptops to massive Esports events in the Heart East. At present, he tin exist found proudly diving into gaming, gadgets, and letting readers know the joys of docking stations for Laptop Mag.

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Source: https://www.laptopmag.com/news/epic-games-to-acquire-music-company-bandcamp-still-an-artists-first-platform