The new contract also includes AI protections and a bonus for musicians working on "the most successful streaming shows."
The agreement concerns basic theatrical motion picture and basic television motion picture contracts with the American Federation of Musicians.
The American Federation of Musicians is grappling with the Alliance of Motion Picture and Television Producers over pay, streaming residuals, AI and more.
"Bargaining in good faith will require everyone to look at the challenges we face as a whole," owner Dayna Frank says ahead of contract talks
Bandcamp United made the allegations in a filing with the National Labor Relations Board on Sunday (Oct. 29).
Epic Games notified hundreds of staff members on Monday that they would receive severance packages.
"The workers who make up Bandcamp United are essential for the future," the union said in a statement.
"Other people have some type of safety net and we have nothing."
The Music Performance Trust Fund distributed $2.7 million in grants in its current fiscal year and is looking to surpass $3 million in 2023-24.
Employees filed with the National Labor Relations Board to authorize a union election on Thursday.
