The company is buying companies that are friendly to creators. The online music platform is going to be acquired by the developer. According to the companies, the move will help build a creator marketplace that is based on fair and open platforms. The store and community will still be led by co- founder and CEO, Ethan Diamond. The two did not say how much the deal was worth or when they expected to finalize it. Diamond said that Bandcamp has paid musicians close to $1 billion so far. The move follows a string of acquisitions at the company. While a music platform is an unusual purchase, it reflects the evolution of the company from a purely game-oriented company to one that produces visual effects tools for shows like The Mandalorian and turns games into creative platforms. It could easily help artists make money from their work with the help of Bandcamp.
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