Operating with a so-called “games as a service” model that generates revenue through ongoing micropayments, “Fortnite’s” success has enabled recent investments including the 2021 purchase of Harmonix, the creator of the popular “Guitar Hero” and “Rock Band” franchises. Epic’s gaming development platform Unreal Engine, which was developed by Epic’s founder Tim Sweeney, has evolved into a high-tech tool used in television series including “The Mandalorian” and “Westworld.”Īll that technological might stands in stark contrast to the humble indie business that Diamond created to enable seamless online transactions between artists and fans. A beloved platform that earned its early customer base through its indie rock and experimental music offerings, its growth was financed by a single, modest infusion of venture capital during its early ascent. According to Diamond in a 2020 interview, Bandcamp has been profitable since 2012.
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