Bandcamp acquired by Songtradr

This is just 1.5 years after Epic acquired Bandcamp. More context:

Songtradr also acquired 7digital this March, which I hadn’t heard about:

I always assume the worst for acquisitions, but I’m crossing my fingers that Songtradr leaves Bandcamp alone.

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Well, shit.

Also didn’t know they own 7digital now. The UK store at the very least has been stuck in standstill since 2019. I’ve got little hope for that too.

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:confounded: :sob: :worried: Once we had something nice that tried to put cash back in the hands of the creators. Then someone wanted to make a profit :money_mouth_face:. I used Bandcamp specifically because of that connection to the artist and purchased on Fridays. The only digital store I’d ever had a dealing with.

This is painful to see :frowning_face:

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looks like Songtradr just released a statement

(and the image for those who don’t have Twitter)

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Reportedly about half of Bandcamp employees were laid off. :frowning:

Edit: another source, not just a tweet.

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Entire Bandcamp union team laid off in cuts to beloved Oakland firm has some more details.

The union added that Bandcamp’s editorial team, responsible for the independent- and small-artist focused Bandcamp Daily, has been cut in half, and two-thirds of union-eligible engineering team members have been laid off too. Twelve out of the 13 union-eligible support staff are out as well, the union said, plus 70% of the vinyl team.

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