Image through Epic Games
Epic Games, the developer behind the web phenomenon Fortnite and creator of the Unreal Engine, has acquired Bandcamp. The announcement was made on the Bandcamp weblog by the corporate’s co-Founder and CEO Ethan Diamond.
“I’m excited to announce that Bandcamp is joining Epic Games, who you may know as the makers of Fortnite and Unreal Engine, and champions for a fair and open Internet,” mentioned Diamond. The govt continues by reassuring creators and customers of the platform saying “Bandcamp will keep operating as a standalone marketplace and music community.” Diamond guarantees that the corporate will “continue to build Bandcamp around our artists-first revenue model (where artists net an average of 82% of every sale).”
Diamond additionally explains that regardless of a number of firms talking with him about buying Bandcamp previously, Bandcamp ended up going with Epic. “…we’re working with Epic to expand internationally and push development forward across Bandcamp,” mentioning “album pages, mobile apps, merch tools, payment system, and search and discovery features.” Diamond claims that partnering up with Epic will “provide the resources to bring a lot more benefit to the artists, labels, and fans who use the site.”
Epic Games additionally made a press release concerning the acquisition which mentions loads of related issues as Diamond did on the Bandcamp Blog, however the firm does notice that its purpose with Bandcamp is “building the most artist friendly platform that enables creators to keep the majority of their hard-earned money.” This goal does match Epic’s actions previously with creating the Epic Games Store a PC market platform to rival Steam, giving extra money to the builders who promote their video games on its platform versus its Valve counterpart.