Epic Games buys Bandcamp, the independent music platform, in an unexpected move

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Epic Games has announced the purchase of the bandcamp online music platform. The creator of Fornite and Unreal Engine has assured that this acquisition will serve to strengthen its vision of “building a market ecosystem of creators for content, technology, games, art, music and more”.

When the operation is completed, the number of which has not been revealed, Bandcamp will continue to operate independently and its CEO, Ethan Diamond, will remain at the helm. That is, even if the company becomes a subsidiary of Epic Games, no changes in the internal structure are expected.

The work “behind the scenes” has already begun

Of course there will be changes. What explains bandcampare already working “behind the scenes” with Epic to promote its international development on several frontsincluding mobile applications, payment systems, business tools and search functions.

Under the umbrella of Epic Games, Bandcamp will also look to expand its vinyl making and shipping service that has been running since 2019 and is growing fast. It will also strengthen other services such as live broadcasts with tickets for artists.

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For now, it is known, as mentioned at the beginning, that this work will serve to create “an ecosystem of creators market ecosystem for content”, although there are not too many details about how it will be integrated. As for Epic’s move to buy non-game companies, it’s not a new thing.

Bandcamp 1

In 2019, the creator of Fornite acquired the video chat company Houseparty, although last year it announced its closure. Now, as Epic reveals in a statement, the purchase of Bandcamp strengthens its commitment to “fair and open platforms” that allow creators to “keep most of the money earned”.

Epic Games’ comments on creators’ profits cannot go unnoticed as they recall their battle over Apple Store commissions and their most recent legal crossover with Google. On Bandcamp, artists upload their music for free, set their prices, and earn an average of 82% of sales revenue.

More information | Epic Games

Epic Games has announced the purchase of the bandcamp online music platform. The creator of Fornite and Unreal Engine has…

Epic Games has announced the purchase of the bandcamp online music platform. The creator of Fornite and Unreal Engine has…

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