Bandcamp has been sold by Epic Games, just 18 months after being acquired by the gaming giant.
The news was confirmed by CEO Tim Sweeney in a post on the Epic Games website, titled “Layoffs at Epic”, revealing that the company would be divesting from Bandcamp and marketing firm SuperAwesome, and in the process would be laying off 16% of its staff.
The new owners of Bandcamp are b2b marketing company, Songtradr, which in 2019 was the largest music licensing platform in the world…
