Bandcamp Sold to Songtradr Months After Employees Formed Union, Disrupting Newly Formed Bandcamp Union
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Bandcamp, a popular indie music platform, has been sold by Epic Games to Songtradr just 6 months after employees voted to unionize.
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The sale comes shortly after Bandcamp employees voted 31-7 to form a union following Epic Games' acquisition in 2021.
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Epic Games, which is 40% owned by Tencent, eliminated 16% of its workforce as it sold Bandcamp.
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The sale conveniently disrupts the new Bandcamp employee union right after it formed.
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Bandcamp waives its fees on Bandcamp Friday, but artists may feel uneasy participating given the company's sale.