RIAA Changing Digital Certification Rules
July 1, 2013 at 2:26 PM (PT)
On its Music Notes blog, the RIAA and its auditing firm have revised its sales accounting methodology when it comes to counting digital single and album sales.
"We think it’s time for the RIAA -- and GELFAND, RENNERT & FELDMAN-- to align our digital song and album certification requirements," the firm wrote on its blog. "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.
"Not only do we believe it’s sensible and logical to align digital album rules with those we have maintained for digital singles since the program’s inception, we also consider today’s move in line with our larger efforts to modernize the G&P Program to reflect the new music marketplace," the blog continued. "In MAY we announced the integration of on-demand streams to the program to more broadly recognize online demand for songs."
Read the entire blog here.