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Chapter 126 - Chapter 124(B) Huge profits, Hot album sales

The Billboard Hot 100 is an important chart about pop music published in Billboard Weekly every week.

Even looking at Europe and the United States, the Billboard HOT 100 list is the most professional and powerful!

In the late 1990s, when online music sales were not yet popular, the Billboard HOT 100 chart had already dominated the European and American music scene.

The ranking of the chart is determined by BDS radio, BIN small market radio, and small market radio, with sales accounting for 50%, 10%, and 40% respectively. After all, in the late 1990s and early 21st century, physical album sales were the most important indicator.

After 2010, with the development of the Internet and the sluggish sales of physical records, the ranking method of Billboard, as an important North American music chart, naturally changed accordingly.

Well, it's about restructuring!

The proportion of physical sales indicators dropped from 40% to 1%, while sales from online downloads climbed to 40%.

Whether in the 1990s or after entering the 21st century, the Billboard HOT 100 chart, as well as the 12 music charts related to Billboard, including radio charts, single sales charts, streaming charts (which did not exist in the late 1990s), etc., are the targets of great attention for many singers and music lovers.

Billboard HOT 100 chart is the most important!

It is compiled by Billboard magazine, which begins counting on Mondays and ends on Sundays, and releases a new ranking on the following Thursday.

Therefore, Eminem's new album "My Name Is" is not the album that will become the champion of this issue's Billboard HOT 100 chart.

However...

The new album "My Name Is" has sold over one million physical albums in just half a day on the market, which is enough to surpass any album or singer on the HOT 100 list!

In other words, it is the uncrowned king!

At the same time, the winner of the next Billboard HOT 100 chart has also been predetermined!

HOT!

Very popular!

It has to be said that Eminem's new album "My Name Is" is a huge hit and has completely taken America by storm.

Billboard magazine gave the reason on its official website: "Eminem's new album is selling like hotcakes, selling over a million copies in less than a day, which proves the popularity of his album and breaks the prejudice of many media outlets that Eminem's popularity is fake."

"This newspaper and magazine believe that even without the participation of Jackson and Madonna, the album 'My Name Is' will surely become the most popular music album in North America in 1997!"

....

As soon as the report of Billboard Weekly came out, other authorised media and newspapers reprinted the report immediately, and directly hyped up Eminem's new album "My Name Is"!

California Entertainment said: "The hottest album of the year is out, what are you waiting for?"

American Music Weekly said: "The strongest dark horse - Eminem!"

The Los Angeles Morning Post said: "Sales explosion? That's right, the physical sales of the album "My Name Is" are predicted to exceed 30 million by the end of the year."

...

The articles published in news and entertainment newspapers have completely made those music lovers who are still on the sidelines unable to sit still, and have joined the ranks of buying albums.

However, the long queues in front of major dealerships directly make latecomers feel frustrated.

"Oh my God!"

A girl under 20 exclaimed: "I just slept a few hours longer today, why are there so many people queuing up to buy it?"

As the words fell,

The people queuing around the girl also started to complain.

"Don't you know how popular Eminem is right now?"

"That's right. If it wasn't Tigress's class today, I would have skipped class early to come here and buy it. I wouldn't have had to wait in such a long line."

"Haha. You're overthinking it. I started queuing up a few hours ago, but when I went to the restroom, the queue lengthened significantly. If I had known, I wouldn't have drunk so much water today."

...

Situations like these continue to happen in front of dealerships across the United States!

All the channel dealers were simply delighted.

These are all green US dollars!

Channel distributor Claudie Mini sighed, "I knew Eminem's new album would be a hit, but I never imagined it would be this popular."

Channel distributor Shirley Young also said, "Just looking at today's sales figures, they're not much different from the releases of Michael Jackson and Madonna's new albums."

The next day, in the morning.

Golden Dawn Music.

Kyle sat in the office of music director Domino, looking at the sales statistics in his hand, and sighed repeatedly.

"This is incredible! In just one day, sales of the new album across the United States exceeded 1.5 million copies."

Kyle was amazed.

Domino smiled and said, "Boss, in terms of first-day sales, in recent years, only Michael Jackson's 2.04 million first-day sales and Madonna's 1.79 million first-day sales have surpassed this figure. I can now declare with certainty that Eminem will become the new king of North American pop music this year!"

"Um."

Kyle certainly agreed, his eyes narrowed into slits, showing how happy he was.

They are all US dollars!

In the original time and space, that is, in 1999, Eminem's new album sold 30 million copies in a year, becoming the best-selling record of the year. Moreover, this was an excellent result even though Eminem himself had no fame at all and his music production company, West Coast Music, did not give him the utmost support.

And now!

Eminem is now the runner-up of the first season of America's Got Talent and is a household name who broke the monopoly of black people in rap.

Media attention;

the hunger of music lovers;

Golden Dawn, music director of Domino, created hype;

And as the boss of Golden Dawn Entertainment Group, Kyle is giving his all to promote the product, so how could the sales be bad?

That's why the new album became a hit as soon as it was released!

...

Time flies.

A week later, Eminem's new album "My Name Is" had cumulative sales of 8.5 million copies, surpassing Madonna's previous album's highest weekly sales of 8.45 million copies, becoming the highest single-week record sales in 1997.

As the boss, Kyle naturally got the news first and immediately announced that all employees of Golden Dawn Music would receive extra bonuses this month.

The album "My Name Is" is priced at $15.99 per record.

This price is relatively reasonable and in line with Eminem's popularity. You should know that the album price of American top singers is usually around 15 to 22 US dollars, and the price of lower-end records is also around 10 US dollars.

In other words, in just one week, the album "My Name Is" has accumulated sales of up to 135 million US dollars!

This number can definitely make anyone excited!

Of course, the sales of $135 million in the first week do not represent pure profit. There are also channel partners, store distributors, taxes, human resources, publicity and promotion expenses, etc. that have to share this dollar.

But even so, Golden Dawn Music's profits are considerable!

And remember! This is just the sales of the album "My Name Is" in one week. The profits in the future are completely imaginable.

Oh shit!

If you don't think about it, you won't know. After thinking about it, even Kyle was shocked.

"No wonder, when internet music wasn't yet popular, music giants like PolyGram, EMI, Universal Music, and Sony Music all had market capitalisations of tens or even hundreds of billions of dollars."

"Besides the value of the song copyright, the annual sales alone are enough to drive anyone crazy!"

Sake makes people famous, and money moves people's hearts.

"No wonder Sony and a bunch of music companies are teaming up to ruin Michael Jackson's reputation. The sheer number and value of the song copyrights he holds puts the pressure on all the major companies to go after him!"

Kyle sighed with emotion.

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