New Music Fridays to launch next month

By on Monday, 22nd June 2015 at 11:00 am
 

New Music Fridays is the name for the new global release date of all albums and singles. The move, which comes into effect from Friday, the 10th of July 2015, is being implemented by the International Federation of the Phonographic Industry (IFPI), which represents the worldwide recording industry. The introduction of New Music Fridays is taking place in 45 recorded music markets worldwide. Only 11 of these markets currently release music on a Friday.

So, why is the change being introduced? Currently, albums and singles are released in the UK and France on Mondays and in America and Canada on Tuesdays, while consumers in Australia and Germany have to wait until Friday to get their hands on the latest releases. Not only does this cause frustration for music fans when other parts of the world can access new releases before them, but this old system no longer makes sense in today’s digital world. IFPI believe that the move will benefit artists who want to harness social media to promote their new music, creating an opportunity to reignite the excitement and sense of occasion.

In the UK, the introduction of New Music Fridays is causing some major changes to the way in which the Official UK Top 40 is announced. The Official Chart Show, which is currently broadcast on BBC Radio 1 on a Sunday, will move to a new slot on a Friday evening, where it will be hosted by new show presenter Greg James.

The move has gained approval from some big names in the music industry, including Edgar Berger, chairman and CEO of Sony Music Entertainment. He described the move as “good news for music fans everywhere”, saying, “Today’s recorded music industry operates in an increasingly borderless world.  Hits can come from anywhere and spread everywhere. Some superstars have already launched their albums simultaneously worldwide, now all artists will be able to reach their global fan bases on the same day.”

New Music Fridays has also received backing from retailers, including HMV. Paul McGowan, chief executive at Hilco (owners of HMV), said of the change, “It’s a big opportunity for us to get music fans into our stores, and it’s something I hope gets full support from across our industry. New Music Fridays will get music to the high street when people hit the high street.  As the UK’s leading entertainment retailer, that makes perfect sense for us and our customers.”

Streaming services such as Deezer and Spotify are also supporting the move. Hans-Holger Albrecht, the CEO of Deezer, said, “Deezer welcomes New Music Fridays and the sense of occasion it will bring to the release of new music. Deezer’s editors are primed to make Friday the new start to their week to help people wherever they are make that exciting new discovery, just in time for the weekend.”

New Music Fridays begins on Friday, the 10th of July. All new albums and singles will be released at 00:01 local time. Further information on the new initiative can be found on the New Music Fridays Web site.

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