Who brought Bandcamp?

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Does Epic Games own Bandcamp?

Talking Trends is supported by Voly Music. This week on Talking Trends, MBW founder, Tim Ingham, responds to the news that US-based video games giant, Epic Games, has fully acquired online independent music retailer Bandcamp .

Why did Epic Games by Bandcamp?

In a statement, Epic said that Bandcamp “will play an important role in Epic’s vision to build out a creator marketplace ecosystem for content, technology, games, art, music and more .”

How much did Epic Games buy Bandcamp for?

“That simple idea has worked well, with payments to artists and labels closing in on $1 billion USD .” It’s a strange acquisition from a thematic perspective, for sure.

When did Epic acquire Bandcamp?

July 2021
Epic Games Continues Its Acquisition Spree

Bandcamp is yet another creator-friendly platform acquired by Epic Games following its purchase of 3D asset platform Sketchfab in July 2021 and ArtStation, a game-art portfolio site in May 2021.

What’s happening with Bandcamp?

May 20, 2022 update: Under an agreement encouraged by the court, Bandcamp will continue to operate using our existing payment system on Android devices . Fans can keep supporting artists on Android as they have, and we’ll continue paying artists the same share of sales (typically within 24-48 hours, as we do today).

Why was Bandcamp sold?

Acquiring Bandcamp’s platform gives them direct access to those artists, and potentially a frictionless way to license music for their metaverse properties . As far as tech overlords go, you could do much worse than an acquisition by Epic, whose founder seems to espouse the same principles that came to define Bandcamp.
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Is A Rainy Day in New York appropriate?

Who is Epic Games owned by?

Tim Sweeney
Epic Games

Who bought Epic Games?

Let’s do the math: Across its three investments over the past three years ($250m in 2020; $200m in 2021; $1bn in 2022), Sony has spent $1.45 billion buying equity in Epic Games.

Who is buying Bandcamp?

Epic Games
Epic Games is buying music marketplace Bandcamp. Epic Games, the Cary-based video game developer, said Wednesday it is buying Bandcamp, a popular music marketplace used by artists, for an undisclosed sum.

Who brought Bandcamp?

Epic Games
Musos and gamers were left scratching their heads last Wednesday as Bandcamp, the online record store hailed by independent artists as a bankable alternative to the razor-thin royalties of streaming, announced its acquisition by Epic Games , makers of the online gaming phenomenon Fortnite.

Does Spotify own music?

Spotify offers digital copyright restricted recorded music and podcasts, including more than 82 million songs, from record labels and media companies.

Spotify.
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