As the payouts for artists on streaming platforms remains controversial, Bandcamp reveals its successes.
According to Billboard, digital retailer Bandcamp has paid artists $150M in eight years. This is a major number for an independent platform, particularly amidst such stiff competition like iTunes.
As Billboard notes, Bandcamp prides itself on transparency with the artists, taking only 15% from profit before decreasing to 10% after $5000 sold annually and 10% from physical goods, such as merch, vinyl and cassettes.
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