"Fortnite" maker Epic Games is laying off about 830 employees, or 16% of its staff, and divesting online music platform Bandcamp, the company said on Thursday.
I stopped using Bandcamp when Epic bought them. Looks like they’ve sold it to Songtradr, who also bought 7digital (another music store that offered DRM-free FLAC files).
I’ve never heard of Songtradr. Does anyone have info on their history or ethics? I would love to have Bandcamp back as an artist-friendly, customer-friendly, relatively independent source of music, but I don’t want to get my hopes up.
They’re making quite a lot of acquisitions, despite Bandcamp unionising earlier this year. It’s one of the biggest licencing companies in the world, so it probably won’t be great for the current services of Bandcamp when Songtradr wants to start monetising its users more meaningfully to make back the acquisition cost and break even.
Maybe good growth, maybe an attempt to gauge users as deep as possible before they just shutter the company. Could go either way.
I stopped using Bandcamp when Epic bought them. Looks like they’ve sold it to Songtradr, who also bought 7digital (another music store that offered DRM-free FLAC files).
I’ve never heard of Songtradr. Does anyone have info on their history or ethics? I would love to have Bandcamp back as an artist-friendly, customer-friendly, relatively independent source of music, but I don’t want to get my hopes up.
https://rocknerd.co.uk/2023/09/28/bandcamp-has-been-sold-to-songtradr/
They’re making quite a lot of acquisitions, despite Bandcamp unionising earlier this year. It’s one of the biggest licencing companies in the world, so it probably won’t be great for the current services of Bandcamp when Songtradr wants to start monetising its users more meaningfully to make back the acquisition cost and break even.
Maybe good growth, maybe an attempt to gauge users as deep as possible before they just shutter the company. Could go either way.
I had no idea Bandcamp belonged to Epic Games ! To this day it’s my favorite platform to buy music.