BILLBOARDS NEW CONSUMPTION CHART
Sept 24, 2014 6:49:04 GMT
shanaelmsford and giftofdiscernment like this
Post by guest on Sept 24, 2014 6:49:04 GMT
What Is The Billboard Consumption Chart?
To put it simply, The Billboard Consumption Chart would be a combination of an album and a song chart. Instead of just considering physical album sales to gauge an album’s performance, the new chart would take song plays from streaming data and turn them into equivalent album sales. The idea is to bridge the gap between artists who receive a lot of streaming interaction but have marginal physical sales, and artists who have strong physical sales but don’t experience a lot of streaming activity. All indications are that Billboard hopes that this new Consumption Chart will become the industry standard for rating music.
What this all means is that artists who do well with physical album sales and digital downloads could be significantly diminished in this new system, while artists who primarily have their music heard through streaming methods will see a significant boost. This could immediately put older artists, and independent artists at a significant disadvantage.
What are your thoughts?
This is ridiculous! The music industry is really sh*t now! Pure sh*t!
To put it simply, The Billboard Consumption Chart would be a combination of an album and a song chart. Instead of just considering physical album sales to gauge an album’s performance, the new chart would take song plays from streaming data and turn them into equivalent album sales. The idea is to bridge the gap between artists who receive a lot of streaming interaction but have marginal physical sales, and artists who have strong physical sales but don’t experience a lot of streaming activity. All indications are that Billboard hopes that this new Consumption Chart will become the industry standard for rating music.
What this all means is that artists who do well with physical album sales and digital downloads could be significantly diminished in this new system, while artists who primarily have their music heard through streaming methods will see a significant boost. This could immediately put older artists, and independent artists at a significant disadvantage.
What are your thoughts?
This is ridiculous! The music industry is really sh*t now! Pure sh*t!
