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Music industry to adopt universal street dates - report

Murray Stassen
Music industry to adopt universal street dates - report

The music industry is very close to implementing a global release date, if fresh reports are anything to go by.

According to Billboard sources, a global street date could be in place by July 2015, which will see all countries releasing new records on a Friday.

The move is intended to fight digital piracy, which is said to be made possible at the moment due to the availability of new releases in some countries a few days before other countries.

The UK currently issues releases on a Monday, the US on a Tuesday and Australia on the Friday before. By the time fans are able to legally purchase records in the US and UK, the music has already been uploaded to illegal file sharing sites.

Billboard reports that the RIAA, IFPI and digital retailers are on board with the standard street date proposal, but some physical retailers and indie labels are not as welcoming.

A label executive told Billboard: "This global street date is necessary for the industry but unfortunately it will be awkward for the physical retailers to change their ways of doing business. Now, they could have two-thirds of their sales in one day, which would impact retail operation.”

 

 

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Tags: Digital, Retail, IFPI, RIAA, Billboard, street date

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