It turns out that Napster was a mistake, and Napster Lime wire were not the only ones to start. It is true that the music business has seen massive changes in the last 20 years, yet it is still an increasingly digital-based industry. Since the music NFT marketplace Serenade joined forces in partnership with Warner Records U.K., the trend will likely be sustained, on a larger the scale of. Together, they've launched the introduction of a new music format called The Digital Pressing. It's one of a kindan eligible chart-friendly music NFT specifically targeted towards the most passionate of the music fans, according to an announcement made by the nft today.
Digital Pressing is a brand new chart-compatible music format that hopes to give music lovers across the globe all the benefits of physical releases in addition to the ease that traditional downloads offer. This comes on following of the inclusion of digital downloads and streams in the Billboard's method of creating charts that accurately portray the music of the time.
A new format for music
In addition to boasting a two-week lead time, as opposed to the six-to-nine months needed for a vinyl release Digital Pressings could also be much more eco-friendly. According to the press release from Serenade, "one average 12[-inch] vinyl has the equivalent carbon footprint of 197,100 Digital Pressings."
Leading the way for the introduction of this new format is the English rock group Muse which is set to release the ninth album of their studio The Will of the People on August 26 under the new format. For long-time Muse followers, the change will create an interesting analogy with other English rock group Radiohead which famously shattered convention when they released their long-awaited album in Rainbows through the "pay what you want" digital download.
Every Digital pressing of Will of the People -and any subsequent albums that are released in this format will count towards one album sales in the chart. In this pilot launch, sales information will appear on charts for music within Australia and the U.K. and Australian markets for music.
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