Bandcamp is under New Ownership, Acquires By Songtradr


Bandcamp is under new ownership once again, as Epic Games offloads it to music licensing company Songtradr – Artist-friendly online music marketplace changes hands for the second time slightly over 18 months.

Little over 18 months since it was acquired by Epic Games, artist-friendly online music marketplace Bandcamp has changed hands once again. It’s now under the ownership of Songtradr, which describes itself as a “music licensing platform and marketplace company”, that supports artists, labels and publishers.

When the Epic deal was confirmed, Bandcamp co-founder and CEO Ethan Diamond said that the intention was not only to keep his platform operating as a “standalone marketplace and music community,” but also “to expand internationally and push development forward across Bandcamp, from basics like our album pages, mobile apps, merch tools, payment system, and search and discovery features, to newer initiatives like our vinyl pressing and live streaming services.”

Epic Games, meanwhile, stated 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.”

However, it’s somewhat surprising, then, to see the partnership coming to an end so soon, although to outsiders, the companies never looked like the most natural bedfellows.

In a statement announcing the latest acquisition, Songtradr is keen to stress that Bandcamp is used by over 5 million artists and labels. The statement adds that “this acquisition will help Bandcamp continue to grow within a music-first company and enable Songtradr to expand its capabilities to support the artist community”.

Epic Games’ Vice President and General Manager Steve Allison, meanwhile, said that the sale would allow his company to “focus on its core metaverse, games, and tools efforts,” though it sounds like Epic and Bandcamp will still maintain a working relationship moving forward. Indeed, we’re told that Epic will continue to collaborate with Bandcamp on projects such as Fortnite Radio, and is investing in Songtradr in order to support Bandcamp’s integration.

What all this means for Bandcamp’s long-term future remains to be seen, but Paul Wiltshire, CEO of Songtradr is, as you’d expect, pretty upbeat.

“The acquisition of Bandcamp will help Songtradr continue to grow its suite of services for artists,” he believes. “I’m a passionate musician myself, and artistry and creativity have always been at the heart of Songtradr. Bandcamp will join a team of music industry veterans and artists who have deep expertise in music licensing, composition, rights management, and distribution.”

Das Keyboard 6 Professional - Begin to enjoy your modern workday.

Dr.Fone V13 One-Stop Complete Mobile Solution

Wondershare RecoveritData Recovery

Great deals on Live Sound and Lighting gear. Microphones, speakers, mixers and more. Fast, free shipping.

Great deals on Recording Gear. Interfaces, headphones, monitors and more. Fast, free shipping.

Great deals on DJ and Production Gear. Fast, free shipping.

Sam Ash Music Flash Deals: Special Discounts on Musical Instruments & Music Studio Gear

Shop Used Musical Instruments, Used Guitars, Used Drums, Used Pianos, Used Pro Audio Gear, Used DJ Equipment

Samson Recording Headphones: Save Up to 70%

TONEX ODS Legends Signature Collection

Up to 56% off Total Studio 4 MAX complete music production software bundle

Black Friday Deal: T-RackS 5 MAX v2 $/€79.99 or SampleTank 4 MAX v2 $/€69.99

Weekly Krazy Deal: TASCAM Tape Collection $/€39.99 or The Farm Studio Reverb $/€29.99

Black Friday Deal: MODO BASS 2 & MODO DRUM 1.5 $/€79.99 each or $/€129.99 for both

Black Friday Deal: TONEX MAX & AmpliTube 5 MAX v2 - $/€79.99 each or $/€129.99 for both

Weekly Krazy Deal: FAME Studio Reverb and Hammond B-3X $/€39.99 each

Pianoverse NY Grand S274

Pianoverse Black Diamond B280

Pianoverse Royal Upright Y5

Pianoverse Concert Grand YF3

UNO Synth true analog synthesizer - ultra-portable and ultra-affordable

iRig HD X

iRig USB mobile audio interface for guitar & bass

Pianoverse piano virtual instrument

Total Studio 4 MAX music production software bundle from $/€199.99

AmpliTube 5 MAX v2 guitar software $/€99.99

T-RackS MAX v2 mixing & mastering software $/€99.99

UNO Synth Pro X Paraphonic dual filter analog synthesizer

TONEX Collections

AmpliTube Morley Collection

AXE I/O ONE 1-in/3-out USB audio interface

TONEX Pedal

Exclusive Education Savings for Wondershare


Leave a comment

Name: (Required)

eMail: (Required)

Website:

Comment: