The Hard Facts Behind a Gold, Platinum or Diamond Record.
Have you ever wondered why artists get those Platinum record awards? I just thought about this today–not that I’m in hot pursuit of one—but my inquiring mind wants to know. So, for those of you that are in pursuit—here’s what I’ve found out…..
For a Complete Album:
1. To have a Gold Record, the album needs to sell 500,000 copies in the US and 100,000 in Britain.
2. To have a Platinum record, you must have sales of 1,000,000 units.
3. To have a Diamond Record, you must have sales of 10,000,000 units.
For a Single:
1. To have a Gold single, you must have 500,000 copies shipped.
2. To have a Platinum single, you must have 1,000,000 copies shipped.
3. To have a Double Platinum single, you must have 2,000,000 copies shipped.
(Newer) Digital Sales:
1. Gold equals 500,000 tracks that have been downloaded.
2. Platinum equals 1,000,000 tracks that have been downloaded.
3. Double platinum equals 2,000,000 tracks that have been downloaded.
Now, there’s more to it than just that. Your record company first has ask the RIAA to apply for certification, and then pay a fee, asking them to conduct an audit of your sales. The RIAA (Recording Industry Association of America.), then checks into your total net sales—I say “net” meaning they take into account retail returns. They will check your net sales against your “royalty” paychecks.
Then when all is said and done—you will walk out with a plaque. Now, what group has had the highest certified sales? The Eagles……..29 million.
If you would like to learn more……go here: http://www.riaa.com/index.php
