RIAA Changes 30-Day Gold & Platinum Rule In Light of Jay-Zs MCHG Release

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 07-01-2013, 11:09 AM         #1
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ThatHustle 
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RIAA Changes 30-Day Gold & Platinum Rule In Light of Jay-Zs MCHG Release
 

 
visit this link RIAA Changes 30-Day Gold & Platinum Rule In Light of Jay-Z’s ‘MCHG’ Release - ThatHustle.com
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Jay-Z has the power. The release strategy adopted by him for his 13th album Magna Carta Holy Grail sparked a huge debate as to whether he has already gone platinum by proving 1 million downloads of the album exclusively through Samsung. A couple of weeks ago, visit this link SoundScan said that it will not count the “sales” because an album must be sold by a label/artist/music company to a retailer (Target, Best Buy, Amazon etc.) at a minimum of one-third of the album’s suggested Retail Price, for it to be counted for Billboard charting.

RIAA, however said that the only thing that will stop Jay from achieving the Platinum status will be a rule which says that an album can become eligible for certification only 30 days after its release date.

Today, the RIAA in a press release has visit this link announced that they have changed that very rule in wake of the debate created by Jay-Z’s upcoming Magna Carta Holy Grail release. The 30-day rule existed “to take into account potential returns of physical product – CDs, cassettes, vinyl, etc. that could be shipped to brick and mortar retailers and returned, in which case our auditors do not count the sales.“

That means that from now on, “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 above change in the rules will mean that Jay-Z’s album will become eligible for Platinum status upon its release on July 4th. Neilsen SoundScan though is yet to announce any change to the same effect which will enable Magna Carta Holy Grail to debut on top of the Billboard charts.

visit this link RIAA Changes 30-Day Gold & Platinum Rule In Light of Jay-Z’s ‘MCHG’ Release - ThatHustle.com


Last edited by ThatHustle; 07-01-2013 at 11:13 AM..

169 comments for "RIAA Changes 30-Day Gold & Platinum Rule In Light of Jay-Zs MCHG Release"

 5 years ago '10        #2
Mocking Mind 2 heat pts
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 5 years ago '13        #3
HipHopFactz 452 heat pts452
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Soundscan > RIAA

Always has been and always will be
 07-01-2013, 11:14 AM         #4
Hiphopstan93  OP
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Young!
 5 years ago '05        #5
ice wolf 522 heat pts522
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Hov just can't lose
 07-01-2013, 11:15 AM         #6
ADOUBLEF MOBSTA  OP
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 5 years ago '04        #7
DJ Maximum|M 51 heat pts51
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when lady gaga sold her album for 99 cents thru amazon she sold like 300k copies and it counted to her sales even tho 99 cents is not a 3rd of the retail price
 5 years ago '06        #8
waytoomuch 4 heat pts
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 HipHopFactz said:
Soundscan > RIAA

Always has been and always will be
X-plain??

jay-z is also a cheater. #realtalk


Last edited by waytoomuch; 07-01-2013 at 11:45 AM..
 5 years ago '11        #9
keejee 131 heat pts131
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And the winner is...
 5 years ago '07        #10
cankstoochie 48 heat pts48
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This is stupid. And should not count because the listener did not purchase it
 07-01-2013, 11:22 AM         #11
SOD RG  OP
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Yeezus ain't seeing a platinum plaque any time soon
 5 years ago '12        #12
Boo The Fool 12 heat pts12
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 cankstoochie said:
This is stupid. And should not count because the listener did not purchase it
he's writing all the new rules


TEACHING US HOW TO LIVE IN THE INTERNET AGE


SAY IT WITH ME!!




















































HOV WON ETERNAL :jayhah2:
 5 years ago '13        #13
HipHopFactz 452 heat pts452
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 waytoomuch said:
X-plain??
Soundscan count actual sales and have an officiel chart

Riaa don't they just hand out plaques after you pay them

Untill soundscan dcides to change the rules nothing will change, although if more and more artists do this then they will have to, but as it stands the soundscan will not count the sales and it will show on the chart.
 5 years ago '04        #14
psylence2k 59 heat pts59
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So what happens when artists like Eminem, Wayne, Drake, Nicki, etc want to start "buying" platinum plaques like this ???

Rick Ross could've asked Reebok to use his $5 million endorsement money to buy his albums instead and package them with shoes. Then Rick Ross would've "bought" the first platinum plaque of his career.

Regardless of who's doing it, this shyt could end up being one of the worst trends in music history, but of course due to who's a.ssociated with it, people are gonna praise it and I'm sure those same people will probably come at me after this post.
 5 years ago '07        #15
Root Of Evil 56 heat pts56
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No one man should have all that power
 5 years ago '05        #16
StateProperty88 34 heat pts34
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 cankstoochie said:
This is stupid. And should not count because the listener did not purchase it
thing is though a purchase is a purchase, and samsung purchased a million copies

like someone passing a cd to you after they bought it. there still was a purchase right? even though the listener didnt purchase the album.
 5 years ago '08        #17
bkid 137 heat pts137
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#NewRules


Hov wasnt playing when he said that
 07-01-2013, 11:30 AM         #18
deLeet  OP
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Power moves
 5 years ago '05        #19
Dun Language 4063 heat pts4063
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goat businessman...n*gga changed the rules n sh*t
 5 years ago '07        #20
Root Of Evil 56 heat pts56
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 psylence2k said:
So what happens when artists like Eminem, Wayne, Drake, Nicki, etc want to start "buying" platinum plaques like this ???

Rick Ross could've asked Reebok to use his $5 million endorsement money to buy his albums instead and package them with shoes. Then Rick Ross would've "bought" the first platinum plaque of his career.

Regardless of who's doing it, this shyt could end up being one of the worst trends in music history, but of course due to who's a.ssociated with it, people are gonna praise it and I'm sure those same people will probably come at me after this post.
No hov thread is complete without one of your thesis statements

New rules fu*kboy you just gotta deal with it

:jayhah2:
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