Saturday, December 12, 2015
Music Business/Law Tips - "Album Sales Calculations"
With the actual sales of digital download albums and physical CD albums going down all the time, for charting purposes in Billboard Magazine (i.e., what album makes the Top 40, Top 10, #1), Billboard and the record industry had to come up with some new calculation methods to cover the way people consume music now. 2 of the biggest new methods are: 1. Streaming Equivalent Album ("SEA"): 1500 streams on Spotify, etc. = 1 album sale; 2. Track Equivalent Album ("TEA"): 10 individual downloads of songs from an album via iTunes, etc. = 1 album sale. Ben McLane Esq benmclane.com