Rules are made to be broken. In light of Samsung purchasing one million copies of Jay-Z’s Magna Carta Holy Grail album before its release, the RIAA has decided to update how it certifies the sales of digital albums.
The announcement was made in a post on the RIAA’s website. Initially, SoundScan, which monitors album sales, contended that Hova would be unable to claim Samsung’s purchases as instant platinum status because it didn’t count bulk sales.
However, the RIAA, whose Gold & Platinum (G&P) Program awards gold and platinum certifications, sighted a minimum of 30 days of availability before an album could be considered for a gold or platinum plaque. But, they admit that rule has became antiquated because when an album is sold digitally, very rarely is it actually returned.
Says the RIAA:
Also at the time in 2004, sales of digital albums were virtually non-existent and accounted for a small fraction of overall digital sales. Fast forward a decade and that’s obviously no longer the case.
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.
That said, it seems like Jay-Z’s new album is basically already platinum after all. #newrules, indeed.
Tekashi 6ix9ine Catches The Fade In Florida LA Fitness, Twitter Has No Sympathy
LA Fitness Staff Rushed Tekashi 6ix9ine To A Safe Room After He Caught The Hands & Feet
Twitter Says Gunna Is On Fade Notice After Tekashi 6ix9ine Got The Brakes Beat Off Him
Famous Women Caught With Busted Up Feet [Photos]
Baes & Baddies: Supremely Stacked Shadée Monique Is More Than Just Joe Budden's Boo
BET Uncut Is Not Coming Back; Here's Its 15 Wildest Videos Anyway
15 Music Stars Who Had Disturbing Relationships With Their Entourages [Photos]
Lori Harvey & Damson Idris Allegedly Split, Failed Relationships Twitter Reacts