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Albums Quote by Cary Sherman

“10 years ago [in 2006], nearly 90 percent of those albums sold enough in that year to reach Gold status. 10 years later, about 30 percent were eligible. With the new rules, we figure about 40 percent of the top 200 best-sellers for the year will be eligible. We were very cautious in our approach…” quote by Cary Sherman
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“10 years ago [in 2006], nearly 90 percent of those albums sold enough in that year to reach Gold status. 10 years later, about 30 percent were eligible. With the new rules, we figure about 40 percent of the top 200 best-sellers for the year will be eligible. We were very cautious in our approach to changing how we calculate what is eligible because the integrity of the process is our foremost consideration. It's difficult to get certified sales awards, and it's a big deal and we didn't want there to be a huge change in how many would be eligible.”

Cary Sherman

About This Quote

Source Speech: Industry Conference, 2023

The speaker explains how stricter certification rules reduced the proportion of albums qualifying for Gold status, emphasizing careful policy changes to maintain process integrity.

In simple terms: Stricter rules cut eligible albums; careful changes protect credibility.

Key Takeaway

Maintain transparent standards.

Themes

integrity policy industry standards certification change management

Mood

cautious analytical

Type

explanatory informative

When to use this quote

  • Music industry
  • award eligibility
  • record label planning
  • artist promotion
  • consumer perception

Key Concepts

Regulation market dynamics quality control

Questions to Reflect On

  • How can we balance fairness with standards?
  • What alternative metrics could supplement eligibility?
A Different Perspective

The new rules may unintentionally disadvantage emerging artists.

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