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Billboard No Longer Counts Merch and Ticket Bundles Toward Album and Song Charts

Merch and ticket bundles have been a major point of contention for artists and fans alike. Now, Billboard is changing the rules . On Monday (July 13), the revered music authority announced that it will no longer count “albums bundled with merchandise and concert tickets on its album and song charts altogether.” The rule has no set date on when it will apply—for tours, it will begin in October 2020—but under the new mandate, all albums bundled with merch or tickets “must be promoted as an add-on to those purchases in order to be counted on the charts.” Billboard Announces New Chart Rules: No More Merch & Ticket Bundles https://t.co/xhb0mqaEWD — billboard pro (@billboardpro) July 13, 2020 If an artist chooses to bundle their release with add-ons, Billboard requires that both the album and extras must be available for purchase individually at a lower cost, alongside the music, on an artist’s direct website. Ever since the bundle wars began, the argument has been that sales don’t...

Niki McGloster

Jul 14, 2020

Meet the Venture Capital Executive Who Launched Africa's Cryptocurrency Version of Venmo

Yele Bademosi is dedicated to giving back to Africa. Now, with his new venture as CEO and founder of Bundle, the Nigerian born executive hopes to help unbanked citizens of Africa. Bundle is a social payments app similar to Venmo, Forbes reports . Prior to launching the financial platform last week, he quietly raised nearly half a million dollars back in September 2019 from Binance, Pave Investments, and other African investors. Bundle is one of six African startups Binance is funding to promote the use of cryptocurrency across the continent. “Regardless of your geography, you should have access to the best financial services. And unfortunately, your geography today defines the quality of financial services that you have,” Bademosi told Forbes. Users will be able to send, receive and spend bitcoin, Nigerian naira, and ether, as well as the parent company’s native exchange, Binance coin. After giving a passionate pitch about the change Binance could create in Africa, Bademosi became...

Niki McGloster

Apr 30, 2020