“Our own experience contributing to crowdfunded projects was that we were motivated by a desire to help an artist we loved, not by a wish for a t-shirt, signed plastic disc, or potpourri sachet. The thinking behind the subscription play was, as Bandcamp writes, intuitive. If an artist's subscriptions exceeds $5,000 or more, Bandcamp will take just 10% of the fee, alongside processing fees. “We’re going to give artists complete control”, Bandcamp chief executive Ethan Diamond said.īandcamp will take 17.9% of an artist's subscription fee, including a 2.9% payment processing fee and a $0.30 charge. Another interesting feature is that the artists will have complete control over the number of times something can be streamed from the fans before they are prompted to buy it. Subscribed users can be given also incentives, including access to a band's back catalogue and all future releases. They can also restrict special features to subscribers, including a subscriber-only blog, demos or exclusive access to merchandise. With the service, artists can charge their fans an annual or monthly fee of any price, giving those fans access to all future music they upload. In November 2014 the concept was first revealed, and the function was launched as a beta in early 2015.
Bandcamp, probably the best-known independent music streaming website, has made its artist subscription service available to all its users.
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