Bandcamp United, the staff union recently organized and Bandcamp, is sending out a petition to see that the union is recognized by the company’s new owners, Songtradr. They also describe some alarming conditions at outgoing owner Epic, with a threat of job losses looming and workers locked out of systems – just as October’s Bandcamp Friday is about to arrive.Read more
In the “that didn’t last long” files: Epic Games is divesting itself of Bandcamp after barely a year and a half. The music platform will be acquired by Songtradr, a “music licensing platform and marketplace company supporting artists, labels, and publishers.”
As expected, media tech giant Avid is ending its life as a NASDAQ-listed public company and selling to private equity, in a $1.4 billion all-cash acquisition by STG.
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