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About half of Bandcamp employees have been laid off
(www.theverge.com)
This is a most excellent place for technology news and articles.
I'm hypothesizing as to why epic bought it to begin with
Epic sold it, read the article. Its literally the subtitle
If you would have read the more than the subtitle, you would know that it was indeed Epic who did this.
Additionally they should have read the comment I was responding to