Instead, his focus is on providing additional resources, including a crowdfunding option for custom vinyl pressings and performance opportunities at the company’s Oakland headquarters, to the service’s loyal users.
“As soon as it was clear that all shows were being canceled and artists were in this position… everyone’s mind [at Bandcamp] was in the same place,” he says.
It was always obvious to me that the best way to support the artists you love is by directly giving them money. Ethan Diamond, Bandcamp's co-founder and CEO. “The idea is ‘Hey, the best way to support an artist with music you love is directly giving them some money.’ It’s not to do all these things that’ll hopefully trickle down. He continues, “I feel like we all have a responsibility to work towards a better world,” recalling the nationwide airport protests after Trump implemented Executive Order 13769, his so-called “Muslim ban.” “As a community, we can have a lot more impact than we would individually.
The easiest thing is deciding what to work on next, because it’s always whatever we think will benefit our artists and labels the most. A daily briefing on what matters in the music industry, Red Velvet's Irene Apologizes After Verbally Attacking Fashion Editor | Billboard News, Aaliyah Book 'Baby Girl: Better Known As Aaliyah' Dropping Next Year | Billboard News, 2020 U.S. Election: Artists and Celebrities Weigh In as The Wait Goes On, Kanye West Admits Election Defeat, Looks to 2024, Spotlight: Darkroom Founder Justin Lubliner on Billie Eilish’s Breakthrough & What’s Next, Bandcamp's Friday Haul: Fans Spent $4.3 Million on 800,000 Items, Spotlight: Kim Kaupe's Superfan Company Is Turning Music Merch Into Must-Have Collectables. Bandcamp has been profitable since 2012 -- “We worked towards becoming profitable as a company really early on because we wanted to continue to be able to set our own goals and our own priorities,” he says -- so giving back to the artist community and music consumers in general is of utmost importance to him. Future 25, music industry. Se Ethan Collins’ profil på LinkedIn – verdens største faglige netværk. In the era of plummeting revenue from actual recorded music, Diamond’s service has evolved into the information-age equivalent of your favorite indie record shop, a place where hundreds of thousands of artists and around 6,000 labels sell music and merch directly to fans.
But, Diamond says, everyone involved stepped up because they felt strongly about what they were doing -- and customers responded in kind. Future 25: Ethan Diamond, Co-founder of Bandcamp How the executive made his no-frills platform the gold standard for online music sales — and a lifeline for independent artists
In each instance, Bandcamp saw a community in need and decided to help. Bandcamp CEO Ethan Diamond doesn’t like talking about his company’s fundraisers.
But Bandcamp soon carved out its own niche, thanks to low-key branding and top-notch sound quality, seeming less like a commercial platform and more like a mini movement: a model for how fans might ethically and sustainably engage with music online. In order to prepare the website for such a huge spike in traffic -- which ended up being about 15 times heavier than the average Friday -- Bandcamp’s systems, development and support teams all needed to pivot to focus on the project, putting in overtime until the site was prepared. The great thing about structuring our business around a revenue share of sales is that it ties our success to the success of our community -- we only make money when artists and labels make a lot more money. View Ethan Grant’s profile on LinkedIn, the world's largest professional community.
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