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Bandcamp Says Fans Spent $4.3 Friday as Site Waived Its Cut
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variety.comMusic fans took notice in a big way Friday when the online retailer Bandcamp announced it was waiving its share of proceeds for one day to pass that money on to struggling artists during the coronavirus crisis.
The site reported Monday that customers spent $4.3 million on music and merchandise Friday. That amounted to nearly 800,000 items sold over the course of one day, versus only about 47,000 on a normal Friday. “That’s more than 15 times our normal Friday, and at the peak, fans were buying 11 items per second,” Bandcamp said in a statement on its website.
The retailer thanked media outlets that publicized the waived-fee day, and, without naming names, said that there were many labels “who gave 100% of their proceeds to their artists as
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