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Digital Economy

Video game maker Epic Games acquires artist DIY platform Bandcamp

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gaming switchboard and headphones

Epic Games, the makers of 'Fortnite' and 'Unreal Engine', have acquired artist DIY platform Bandcamp for an undisclosed amount.

Oakland, California-based Bandcamp will continue to operate as a standalone marketplace and music community, and Bandcamp co-founder and CEO Ethan Diamond will continue to lead the team.

Bandcamp provides a series of services to independent artists and labels against a fee that does not exceed 15%. In the past years, fans have paid artists and their labels ...

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Emmanuel is a Washington, DC-based freelance journalist, blogger and media consultant, specialising in the entertainment business and cultural trends. He was the US editor for British music industry trade publication Music Week. Previously, he was the editor of Impact, a magazine for the music publishing community (2007-2009), the global editor of US trade publication Billboard (2003-2006), and the editor in chief of Billboard’s sister publication Music & Media (1997-2003).

Copyright & Regulation

European Commission opens probe into Apple’s commercial terms imposed on app developers using the iOS platform

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European Commission's antitrust division has opened on June 24 two new fronts against Apple — the first by informing Apple of its preliminary view that its App Store rules are in breach of the Digital Markets Act (DMA); and the second by starting an investigation into Apple's new fees charged to app developers who use the iOS platform.

If confirmed, these breach of rules could result in Apple being fined up to 10% of its global turnover. Apple can address these issues and avoid a fine if the...

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Creative Industries

Music deals — Week 25, 2024

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Independent labels’ digital music licensing company Merlin has renewed its global licensing agreement with Meta Platforms, in a strategic partnership that includes access to a new suite of tools and features that will enable Meta users to discover artists and boost the visibility of new releases. In a statement the two companies said the new agreement underscores Meta’s “recognition of the value and importance of the world’s leading independent labels and distributors,” and “reinforces the p...

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Creative Industries

Quotes of the week — Week 25, 2024

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"[Major streaming companies] are pushing the misguided idea that the MLC was meant to be 'neutral' when it comes to enforcing the rights of copyright owners. Nothing could be further from our objective. This definition of neutral is simply another way to take the voice away from those who have struggled to be heard when it comes to receiving what they are owed for their labors. This was never the intent. This notion of neutrality would make the MLC toothless and completely undermine the importa...

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