Post by Citroen on Oct 26, 2023 8:54:39 GMT 12
After Epic Games (of Fortnight fame) bought Bandcamp in 2022, they have recently sold to music licensing startup Songtradr a few weeks ago.
They've sacked half their staff, mainly from the editorial department.
I really enjoyed reading their output, discovering new bands etc. I'll be keeping a close eye on the quality of their new material but fear the worst.
"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.”
www.theguardian.com/music/2023/oct/17/bandcamp-lays-off-half-its-staff-after-buyout-by-songtradr
They've sacked half their staff, mainly from the editorial department.
I really enjoyed reading their output, discovering new bands etc. I'll be keeping a close eye on the quality of their new material but fear the worst.
"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.”
www.theguardian.com/music/2023/oct/17/bandcamp-lays-off-half-its-staff-after-buyout-by-songtradr
