D2C music service Bandcamp is five years old this week, but it had another milestone to announce: the company has now paid out $50m to artists. “More importantly, that dollar amount is set to double in the next 18 months, and maybe a touch sooner given the just-launched mobile app and some of the other things we’ve got cooking,” announced Bandcamp’s celebratory blog post. “Even five years in, it still feels like we’ve just scratched the surface of the enormous opportunity in front of us. That opportunity — to positively impact the lives of millions of artists and their fans — is something we’re incredibly grateful for, and we’re more excited than ever about the work we have planned.” We reported on the app earlier this week: it’s available for iOS and Android, and gives anyone with a fan account on the service access to the music they’ve bought, with the promise of more discovery features to come.

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