- cross-posted to:
- technology@lemmy.world
- cross-posted to:
- technology@lemmy.world
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Why was Epic even interested in Bandcamp in the first place??
This fucking blows. Start downloading all your music you’ve bought, you soon won’t be able to own anything online anymore.
I’m pretty sure they Epic bought Bandcamp for their battle with Apple and then did literally nothing with it.
Since I discovered bandcamp in 2017, I always downloaded all the music I bought
Epic doesn’t care about any particular product or service. They are a publishers with aims to become a storefront, but plan to do so by passing off customers and devs and partners.
If you didn’t download it, then what’s the point?
I feel like back in March 2022 Epic did not really anticipate market conditions to continue to worsen. Big miscalculation on their part.
Why wouldn’t you plan for the worst?
I really don’t understand how on one hand all of these CEOs and investor types are geniuses and just built different but on the other hand they’re hiring people and firing people because they couldn’t predict the line on graph doesn’t always go up.
If I had to guess, it’s because of money. There was more incentive at the time to grow fast and try to maximize profit than to limit growth and potential profits in case of a market downturn. Tim slightly explains what happened.
I’m so fucking tired, you guys.
Stop reading the news and spend some time in your local community. It’s the best way I’ve found to shake that feeling of dread and exhaustion
We meet under the 5th street bridge at midnight, the code word is sic semper tyrannis
Man, I wish Bandcamp would catch a break already, I actually like (liked?) the platform. I like supporting artists I like and I like supporting platforms that sell DRM-free music. If Bandcamp goes away and no other DRM-free alternative comes up, it’s back to piracy for me.
This has to end at some point. Practically everything is owned by like 5 companies, and they don’t even acquire them for any particular reason, other than to prevent someone else from doing the same.
Reminds me of my monopoly strategy
Yeah, it’s their monopoly strategy too. Difference is that we’re playing it with toy pieces, and they’re playing it for real
Wow, I don’t think Epic ever did anything with Bandcamp. What a terrible way to end it. What will become of the artists who use it as their main platform? I source a significant amount of my music from these artist, from that site.
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Care to elaborate why you’re calling them Evil Games?
They are better for developers via unreal engine.
They are better for both developers and publishers via the markets lowest cut of earnings via their store front.
They pay well to try break steams monopoly. If anything, steam are the bad guys via their extortionate cut. (30%)
They are better for indie Devs on Fortnight compared to Roblox.
They do everything better than most… so place your anger correctly. I’m sick of people hating on epic while they’re the only company trying to beat the monopolys…
Anyone got alternatives?
Could someone fill me in on why we’re panicking about it being sold? Epic never seemed to do anything to it and it seems Songtradr is keeping it’s the same, does Songtradr have a bad track record or something?
Sorry if this is a dumb question, I just feel out of the loop.
Effectively firing half the employees seems like a strong sign that the new owners are going to ruin what made Bandcamp good.
Songtradr is a music licensing middle man, charging both artists and those looking to license their music, and somehow despite money coming in at both ends they were losing money in 2022. That does not bode well for the status quo at their new acquisition, Bandcamp, especially considering that their very first move was to fire half the staff. Songtradr doesn’t care about artists or music fans, their singular and only priority is entangling artists and music distributors in their licensing scheme. They’re middlemen. Middlemen are great for exploiting the free market for profit. Middlemen are at best an additional drain on profits for everyone else. Bandcamp was one of the few places you could buy digital music that really felt like ownership and not licensing locked behind DRM. The songtradr acquisition has the potential to kill development of that kind of digital and DRM-free distribution marketplace and limit investment in anything else that tries to do something similar. If songtradr continuing to lose money after the Bandcamp acquisition, it will be an example to all investors that DRM-free digital music cannot be profitable.
Since they were purchased by epic games last year, roughly half of the original staff were laid off. Being bought by a corporate entity that values profitability over all esle is devastating to a website like this where music (and culture) have thrived
