Artists and labels made over £5million from Bandcamp sales last Friday

Bandcamp has revealed that fans spent £5.7million (US$7.1million) on music and merch through the site last Friday (May 1), with 100 per cent of sales going directly to artists and labels.

The music distribution platform waived its revenue share for a full 24 hours on the day, after doing the same for the first time on March 20.

The $7.1million figure is $2.8million more than the amount fans spent on March 20 – itself around 15 times the amount of a normal Friday.

They will be waiving their revenue share again on the first Friday of the next two months (5th June and 3rd July).

Learn more via NME