Since Jay-Z
announced the release of his new album, he’s been talking about “new rules” in
the industry and now it seems like the industry is following them. Samsung
brought one million digital copies of Magna
Carta Holy Grail, that Samsung Galaxy users can obtain through an app before the rest of the world. With
one million copies of the album being sold before its official release, meaning
the album has already gone platinum.
Originally Hov was denied his platinum status
because of the digital album but with the drastic change in media and how music
is being sold; the RIAA has made an official statement explaining that they
will be changing the rules for the release.
“We
think it’s time for the RIAA – and Gelfand, Rennert & Feldman – to align
our digital song and album certification requirements. That’s why today we are
officially updating this rule in our G&P Program requirements. Going
forward, sales of albums in digital format will become eligible on the release
date, while sales of albums in physical format will still become eligible for
certification 30 days after the release date.”
“The
reality is that how fans consume music is changing, the music business is
changing as labels and artists partner with a breathtaking array of new
technology services, and the industry’s premier award recognizing artists’
commercial achievement should similarly keep pace. In short, we’re continuing
to move the 55-year-old program forward and it’s a good day when music sales
diversification and innovative strategies meet the RIAA’s time-tested, gold
standard requisites for certification.”
To
read the full statement of the New Rules from the RIAA click here.
Congratulations to Jay-Z on another platinum album! Be sure to get Magna Carta Holy Grail when it
hits store shelves.
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