I Love Bandcamp: Everything is Terrific: The Bandcamp 2016 Year in Review

Just when you thought it wasn't safe to go back into the news, Bandcamp comes to the rescue:
And now some genuinely great news in an otherwise unremarkable week: every aspect of Bandcamp’s business was up in 2016. Digital album sales grew 20%, tracks 23%, and merch 34%. Growth in physical sales was led by vinyl, which was up 48%, and further boosted by CDs (up 14%) and cassettes (up 58%). Every single one of these numbers represents an acceleration over last year’s growth. Hundreds of thousands of artists joined Bandcamp in 2016, more than 2,000 independent labels came on board (like Dischord, Merge, and Dualtone), and the rate of fan signups tripled. Fans have now paid artists nearly $200 million using Bandcamp, and they buy a record every three seconds, 24 hours a day, 365 days a year.
I love Bandcamp (you should too).

We, music consumers, need options and Bandcamp stands as an artist-first beacon in the increasingly gloomy world of the non-music big business run music business.

Longer term, if subscription music rental can’t work as a standalone business, then it will only exist as a service offered by corporate behemoths to draw customers into the parts of their businesses where they do make money, like selling phones, service plans, or merchandise.
Bandcamp is one of my favorite places, in the world, to find new music and the Bandcamp app is one of my favorite apps along those same lines.
We’ll therefore continue to build on a model that compensates artists fairly and puts them in control of their data, gives fans all the convenience of streaming plus the benefits of ownership and still allows them to directly support the artists they love, and works as a standalone business that’s 100% focused on music (we just had our 17th straight profitable quarter, while also increasing our staff by 43% last year). Impending thermonuclear apocalypse notwithstanding, we are incredibly enthusiastic about 2017.
Here's to a brighter 2017 in music and more.

Everything is Terrific: The Bandcamp 2016 Year in Review

COMMENTS
Anton's picture

Bandcamp is what the interwebs is at its best.

KINGTED's picture

I guess I am one of those who recently joined, based on all of your positive comments over the past couple years. I really like that High Res audio is the same price as MP3s, I just wish I knew what bitrate was available before purchasing. I always prefer supporting the artists, as directly as possible, Bandcamp is an excellent way to do that.

michaelhigh's picture

I wish I could drill right into the middle of a song while auditioning bands / tracks, my ADHD prevents me from too much sit-and-wait for the payoff. Lots of potatoes there at Bandcamp, I need the meat, like, yesterday. The player interface needs to be like YouTube, not Play then Wait.

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