Big news tonight for the music industry: Rolling Stone has just announced they plan on launching their own music charts, marking the first platform to challenge Billboard’s reigning monopoly on the market since it rose to prominence in the 1950s. Reportedly, Rolling Stone’s charts will cover top 100 singles and the top 200 albums in the United States and will differ from its Billboard predecessor in the following ways: “they will be updated daily as opposed to weekly, they will go deeper on streaming data, and they will be completely transparent about their measurement methodologies.”
It will certainly be interesting to see how Rolling Stone’s new charts are received by the world, as well as how it will effect Billboard and its longstanding reputation as the gold standard for measuring commercial success in the music industry. Read more about the story here on VICE and let us know your thoughts in the comments section.
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