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Billboard Charts Will No Longer Count Albums That Sell For Less Than $3.49

Billboard Charts Will No Longer Count Albums That Sell For Less Than $3.49

billboard makes new policy
Guess we probably won’t be seeing any more epic 99 cent sales any time soon…
Billboard has announced that beginning the week of Nov. 21, albums selling for less than $3.49 within the first four weeks of release will NOT count on charts.
Also, individual tracks that sell for less than $0.39 won’t count on charts either!
Here’s Billboard editor Bill Werde on WHY these specific prices were chosen:

“We ultimately chose $3.49 for two reasons. One, it’s roughly half of wholesale in the digital world, where albums cost retailers about $7.50 on average. And two, this price point wouldn’t interfere with any regular or semi-regular pricing currently in effect at any of the five biggest retailers – Walmart, Amazon, iTunes, Best Buy and Target. As I noted in my earlier essay, Billboard doesn’t want to control the marketplace. We just want to count it. But free or almost-free albums don’t represent a marketplace.”

What do U think? Do U agree with Billboard’s new policy???

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Nov 18, 2011 06:00am PDT

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