Frank Ocean’s surprise release “Blonde” debuted at No. 1 this week on the Billboard Top 200 album chart, racking up sales of 275,000 units, despite its not being released as an album in any physical format.
So what were those 275,000 units? Some 232,000 of them were paid digital album downloads, according to Nielsen Music. The other 43,000 consisted of “equivalent album units.”
Say what?
An “equivalent album unit” (shouldn’t that be “album-equivalent unit?) is a metric devised by Billboard in 2014 to accounting for streaming activity and individual track downloads for charting purposes. Ten individual track downloads from an album as measured by Nielsen, or 1,500 on-demand streams of individual album tracks as reported to Billboard by the major streaming services, are counted as an equivalent album unit. In the case of Blonde, individual track downloads were not available at the time of the albums initial release, but they accrued 65 million streams. Dividing that 65 million by 1,500 yields 43,000 equivalent units. QED.
The U.S. Justice Department’s antitrust division formally closed its revue of the ASCAP and BMI consent decrees Thursday, issuing a
It’s hard to tell whether Apple is simply trolling Spotify with its
Since the days of Napster, rights owners have bemoaned the tendency for illegitimate sources of content to crowd out legitimate sources online. “You can’t compete with free,” is the age-old cry.
ording to the scuttlebutt in copyright policy circles, the U.S. Copyright Office could release its findings from its
ment period in the Federal Communications Commission’s set-top box proceeding closed this week after tallying 256,747 submissions. Most were canned comments submitted by consumers who had been rounded up for the purpose by interest groups on both sides of the issue. But the controversial proposal to require pay-TV providers to
Leading Bitcoin wallet developer Blockchain this week announced the open-source alpha release of the Thunder Network, which it describes as “the first usable implementation of the Lightning network for off chain bitcoin payments that settles back to the main bitcoin blockchain.” Though only a first step, the Thunder release could help pave the way to enabling the sort of high-speed, high-volume transactions and micro-payments on which many media-related uses of Bitcoin are likely to depend.
Venture capitalist and former music startup founder David Pakman has compiled some grim statistics on the survival rate of VC-backed music services. “Since 1997, according to
The
Concurrent Media Strategies, LLC, publisher of the