Platinum record how many sold

The old-timers have created a very strong foundation on which they continue to build on even today. These are the artist we all grew to love. An example of old times casing in on their past success is The Beatles. Apple Corps , a multi-armed multimedia corporation which was founded by The Beatles to replace their earlier company Beatles Ltd, negotiated royalty rates of 45 percent on their CDs and vinyls plus a 50 percent for digital downloads ; this is out of the norm tbh.

What these bands and artists have achieved and many more of course is absolutely magnificent, they should be an example for every modern artist. There are different superstars in every decade as they are different dominating music genres present in the charts.

The superstar status is quite desirable, prestige, wealth, glory, extravagance but also hard work, dedication, love for the arts, skills, talent, and much more are needed to achieve the superstar status. You can always negotiate a better deal. As I have mentioned before the number of payments will vary, and the figures presented above are merely a guideline, a rough estimate. When you calculate the amount of money, the artist should receive you have to remember that an advance is often given from the record label to the artist to cover general and studio costs.

If the artist wants to receive an income from royalties, he must first pay back the advance. Only then he could benefit from his royalty share. I hope I painted a clear picture of what to expect from a platinum single. If you have comments or suggestions, please contact us through our contact form. More than twenty songs per day…. Are you looking to hire a second music manager or are you just curious to find out how the music business operates?

Then this article…. A friend of mine just participated in a songwriting workshop and he loved it! Now he is considering arranging one, I helped him to….

YouTube offers a lot of monetization possibilities; one of them is monetizing cover songs. A close friend of mine who is also a singer asked…. Due to the radical changes in the way physical albums are manufactured—and changes in the way that consumers buy music due to technology trends—platinum album status varies, depending on when the certification was made.

In the United States, platinum certification means that an album has sold 1 million copies or that a single has sold 2 million copies.

But the RIAA does not automatically certify music sales. Record labels that want the data for marketing purposes must request it from the association. Royalty statements include both retail store and direct-to-consumer sales—such as mail-order catalogs—minus returns.

Each country that collects data on album sales has its own platinum album criteria. In the late s, labels latched onto platinum certifications based on mail orders, even when more than 50 percent of albums were returned. For greater accuracy, RIAA introduced the day rule, which requires albums to be on sale for at least 30 days before the record label can seek certification.

The fact that the association counts each disc in a multi-disc set also creates discrepancies—and questionable platinum status—among entities that count album sales, such as Nielsen SoundScan. The Lion King soundtrack also faced similar scrutiny for hype based on debatable platinum status. No matter which way the RIAA gathers its data, it awards platinum status to English-language albums selling 1 million copies; albums selling 2 million copies or more receive multi-platinum status.

The RIAA also collects data on Spanish-language albums and awards platinum status to those selling 60, copies or more.

Spanish-language albums need only sell , copies to receive multi-platinum status. As technology trends progressed, the RIAA began including digital downloads and streaming sound to determine platinum status in Average minimum running time is 30 minutes. Recertified at each million unit sales level. Quantity , units One million units Two million units Requirements May combine sale of all configurations. May combine sale of all configurations. Each unit within set counts as one unit toward certification.

Minimum running time minutes.