All articles tagged with #songtradr
Bandcamp, the digital music marketplace, has been acquired by Songtradr after being resold by Epic, resulting in the layoff of half of its employees. The layoffs were expected as part of the deal, with Songtradr offering positions to 50% of the Bandcamp employees. The acquisition and layoffs raise concerns about the future of the platform, which was known for its equitable monetization for independent artists.
Indie music marketplace Bandcamp has been sold to licensing platform Songtradr, resulting in layoffs at Bandcamp and Epic. Songtradr plans to continue operating Bandcamp as a marketplace and music community, offering artists the ability to license their music to various media platforms. Epic, the previous owner of Bandcamp, is investing in Songtradr and will work with them to license Bandcamp music to Epic games. The sale marks the second change in ownership for Bandcamp in less than two years.