Bandcamp Fridays earned artists and labels $40 million in 2020

Bandcamp has announced four more fee-waiving Fridays will take place in 2021.

The initiative, that was started by the internet music platform in March to help artists earn extra money during the financial crisis of the coronavirus pandemic, saw artists and labels earn $40 million dollars this year, with nearly 800,000 music fans making purchases.

Writing about the decision to extend into 2021, Bandcamp said: Although vaccines are starting to roll out, it will likely be several months before live performance revenue starts to return. So we’re going to continue doing Bandcamp Fridays in 2021, on February 5th, March 5th, April 2nd, and May 7th. As always, isitbandcampfriday.com has the details.”

Read the full update on Bandcamp’s website.