screenshot of the linked post

  • Egonallanon@feddit.uk
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    1 month ago

    It’s impressive how poorly band camp has been run given it has such an easy business model of being a middleman for music folks.

  • MeetMeAtTheMovies [they/them]@hexbear.net
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    1 month ago

    How many devs did they have? I would have thought most of them would go toward handling issues of scale and maintenance. What features would they need to ship? They got it right years ago.

  • Evilphd666 [he/him, comrade/them]@hexbear.net
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    1 month ago

    This is on top of the 2023 bloodbath / cashout.

    Bandcamp lays off half its staff after buyout by Songtradr

    Songtradr confirmed the purchase from Epic Games last month, writing in a statement: “This acquisition will help Bandcamp continue to grow within a music-first company and enable Songtradr to expand its capabilities to support the artist community.” Financial terms were not disclosed.

    Announcing the layoffs, Songtradr outlined that it had completed its acquisition of Bandcamp and explained: “Over the past few years the operating costs of Bandcamp have significantly increased … After a comprehensive evaluation, including the importance of roles for smooth business operations and pre-existing functions at Songtradr, 50% of Bandcamp employees have accepted offers to join Songtradr.”

    This means the remaining 50% will not have their contracts renewed. The Guardian has contacted Songtradr’s press representatives for further comment.