The music and artist community platform will still operate as a standalone music marketplace.
Bandcamp will continue to operate as a standalone marketplace, led by co-founder and CEO Ethan Diamond, but the platform will use Epic Game’s resources to expand internationally and improve its live streaming, mobile, search and payment capabilities.
The music marketplace will continue to use its “artist-first” revenue model, which gives Bandcamp a 10 to 15 percent cut on each sale. That model, according to Diamond, gives artists an average of 82 percent net revenue per sale. Bandcamp Fridays, a monthly event when Bandcamp waives its standard revenue cut to support artists, will also continue following the Epic Games acquisition.
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