Well, time to hope https://resonate.is/ picks up the independent artists and doesn't do a blockchain.
Epic Games acquires Bandcamp
341–350 of 485 posts
Re: Epic Games acquires Bandcamp
#342Earlier quoted context omitted.
I’m with you. Never heard of this Epic Games company. This is worrying. I fell behind on downloading all of my 426 purchases on bandcamp, but now I feel a strong desire to catch up.
"Never heard of this Epic Games company. " Creators of Unreal Engine, one of the two de facto 3rd party game engines in the industry, created way back in the 90's. You very likely played some game or 6 that was made using it. Also the developers of several games themselves like Gears of War, Unreal Tournament, Infinity Blade, and Bulletstorm. But I guess more recently people would call them "The creators of Fortnite"…
> but most of their previous aquisitions are hands-off
Thanks.
Given the immediate negative reactions that people have to this news (see the countless "what is a bandcamp alternative?" posts going around right now), I wonder how it will impact one of Bandcamp's most important assets: their Daily blog. From what I can tell, the blog posts are largely written by independent music journalists. The topics are all over the place (in a good way), and they are fun, personal ways to discover music. Will we see some of these core writers leave (on their own volition)? Likewise, will the direction of what is highlighted in these posts shift to align with other Epic assets?
On the technical end, there are plenty of legitimate complaints about Bandcamp's app. I would imagine Epic = more resources for the app, for better or for worse.
Re: Epic Games acquires Bandcamp
#343This feels like a major blow, as someone who just semi recently (probably around pandemic start) started getting into purchasing flac music from indie artists, Bandcamp was a great source of music. I understand nothing will change in the short term, but long term I am very concerned. Especially as streaming becomes more dominant and companies are less willing to provide flac based music and physical discs (where I ca…
Would Bandcamp the business model + Bandcamp the website necessarily be difficult to reproduce, particularly in an environment in which the Bandcamp niche just became no longer fulfilled due to changing practices on the part of Original Bandcamp?
Re: Epic Games acquires Bandcamp
#344Well, crap. Bandcamp was the perfect place for hosting my music. Hopefully Itch starts hosting music if they haven't already. I'd switch immediately. Are there any other good places to host low-budget indie music? Soundcloud doesn't count because I get at least one spammer interacting with my tracks every single time I upload something. It's got to the point that I've started only uploading things secretly and sharin…
I'm not affiliated, but I've known it for a while. It was known as IndieTorrent back then.
Re: Epic Games acquires Bandcamp
#345Earlier quoted context omitted.
> Why did they need an exit? Because the people who like to start new companies and take lots of risks generally tend to not like running stable businesses and dealing with FP&A managers, lawyers, compliance and tax experts
> Because the people who like to start new companies and take lots of risks generally tend to not like running stable businesses and dealing with FP&A managers, lawyers, compliance and tax experts ... in SV/the tech industry. That's kinda my entire point. Stealing someone else's analogy: If you went to a bank to get a small business loan to open up a coffee shop, and you told them "Yeah, I'm hoping to take a bunch of…
There aren't many "startup industrial companies"
Re: Epic Games acquires Bandcamp
#346Re: Epic Games acquires Bandcamp
#347This feels like a major blow, as someone who just semi recently (probably around pandemic start) started getting into purchasing flac music from indie artists, Bandcamp was a great source of music. I understand nothing will change in the short term, but long term I am very concerned. Especially as streaming becomes more dominant and companies are less willing to provide flac based music and physical discs (where I ca…
Re: Epic Games acquires Bandcamp
#348I'm having a little trouble understanding the motivation for this move. Did Bandcamp have a poor revenue/profit outlook and were they looking to scale? Was this just an exit for founders? I was under the impression that they had a relatively stable and profitable business, and strongly valued their branding and positioning as independent.
bandcamp, as a business that just does a thing very well and fairly, is never going to become as big as Google or Facebook.
so, founder/VC/board now require it to be bought out for a huge multiple of revenue and be stripped for parts.
Re: Epic Games acquires Bandcamp
#349Re: Epic Games acquires Bandcamp
#350Lots of disappointed comments here. Would you guys really prefer seeing bandcamp beeing bought by Apple?
what all these "disappointed commenters" wanted was for Bandcamp to continue to provide an excellent service, charging enough to stay in business and grow at a reasonable rate while allowing artists, who did the vast vast vast vast majority of the effort represtented by each sale, to profit and - unironically - connect with fans.