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The RIAA Says 1500 Streams = 1 Album Sale (riaa.com)

Posted by ryuzaki0 on from the well-that-math-is-interesting dept.

AmiMoJo writes: The RIAA is modernizing its gold and platinum album certifications to include streaming. An album must reach 500,000 sales to go gold, 1,000,000 for platinum and 2,000,000 for multi-platinum. The RIAA set the new Album Award formula of 1,500 on-demand audio and/or video song streams = 10 track sales = 1 album sale. Also effective today, RIAA's Digital Single Award ratio will be updated from 100 on-demand streams = 1 download to 150 on-demand streams = 1 to 'reflect the enormous growth of streaming consumption'.

13 of 98 comments (clear)

  1. Not bad by ArmoredDragon · · Score: 4, Insightful

    It's not bad for a technology that they tried to ban once.

    1. Re:Not bad by Penguinisto · · Score: 4, Insightful

      Well, when an organization is used to pulling figures out of their collective rectal orifice ('OAMG that download lost us $72TRILLION!!!111!!!BBQ!')?

      Yeah - making up arbitrary stats to converts streams to sales isn't all that hard for 'em either. :)

      --
      Quo usque tandem abutere, Nimbus, patientia nostra?
  2. Mathematics of greed by theCzechGuy · · Score: 5, Insightful

    How does this add up with 1 illegal download = 1 missed sale?

  3. Trolling opportunity by war4peace · · Score: 4, Interesting

    Let's find a shitty new song and automate streaming requests for it.
    United Slashdotters could push a piece 'o' crap album to multi-platinum in like, what, 5 days?

    --
    ...gis sdrawkcab (usually not responding to ACs; don't bother posting as AC)
    1. Re:Trolling opportunity by A.+B3ttik · · Score: 5, Insightful

      United Slashdotters could push a piece 'o' crap album to multi-platinum in like, what, 5 days?

      I don't think you need Slashdotters to make that happen.

  4. A cry of desperation by wcrowe · · Score: 4, Insightful

    "C'mon guys, we are still relevant! See?"

    --
    Proverbs 21:19
  5. but one shared file... by gillbates · · Score: 5, Insightful

    When the riaa shares the artist's work 1500 times, that's one album sale for the artist.

    When you share the artist's work once - even if it was never download - that's a grand jury indictment, $250,000 per copy, plus lawyer fees....

    --
    The society for a thought-free internet welcomes you.
  6. MAFIAA cop math by L.+J.+Beauregard · · Score: 4, Insightful

    Streaming is worth a tenth of a cent when we're asked to pay royalties, but a million bucks when we're suing you and twisting your ISP's arm.

    --
    Ooh, moderator points! Five more idjits go to Minus One Hell!
    Delendae sunt RIAA, MPAA et Windoze
  7. Re:Math that does whatever you want it to do by wbr1 · · Score: 3, Funny
    It is bible logic:

    Matthew 5:28 "but I say to you that everyone who looks at a woman with lust for her has already committed adultery with her in his heart."

    To think about a song means you have listened and the execs require payment. Just leave your credit card at the door.

    --
    Silence is a state of mime.
  8. Same standard for pirate streams? by XXongo · · Score: 5, Insightful

    Will they use this standard for fighting piracy? 15,000 streams from a site = one $11.99 album sale lost?

    1. Re:Same standard for pirate streams? by Adriax · · Score: 5, Funny

      Other way around.
      1 download = 1500 lost streaming music subscriptions.

      --
      I don't suffer from insanity, I enjoy every minute of it!
    2. Re:Same standard for pirate streams? by mysidia · · Score: 3, Funny

      1 streaming music subscription = $100 / month.

      1500 streaming music subscriptions = $15,000 / month

      1 download = $15,000 X infinity months

      At 1% annual discount rate.....

      PV = $15000 * Limit [x->Infinity] ( 1 - (1+0.01)^x ) / 0.01 = $1.5 Million Lost money PER Download

  9. My bum is on the rail, My bum is on the rail... by Pezbian · · Score: 3, Informative

    Tom Green proved that in a heartbeat with "Lonely Swedish" (Bum Bum Song) in spades back in 1999.

    In fact, it was so effective that MTV was called out on their TRL (the "L" is for live) show not actually being live.

    --
    In a world of the blind, the one-eyed man is king--and the two-eyed man is a heretic.